General Superintendent Resolution on Conduct Supervision No. 020-2025-SMV/11.1

PERU Ministry of Economy and Finance

SMV
Securities Market
Superintendence
"Decade of Equal Opportunities for Women and Men" "Year of recovery and consolidation of the Peruvian economy" 1 Electronically signed document under the framework of Law No. 27269, Law on Digital Signatures and Certificates, its regulations and amendments. The integrity of the document and the authorship of the signature(s) can be verified at https://apps.firmaperu.gob.pe/web/validador.xhtml General Superintendent Resolution SMV No. 020-2025-SMV/11.1 Lima, May 16, 2025 The General Superintendent of Conduct Supervision Seen:
File No. 2025018015, as well as the Internal Report No. 616-2025-SMV/11.1 of May 9, 2025, from the General Superintendent of Conduct Supervision of the Adjunct Superintendence of Conduct Supervision of Markets.
Considering:
That, Law No. 28739, Law Promoting the Swap or Redemption of Investment Shares, established the legal framework for the promotion of the swap or redemption of investment shares, entrusting the Securities Market Superintendence – SMV with the regulation of the procedure that companies must follow when deciding to formulate the aforementioned public offers, as well as the creation of a registry of valuation entities and the issuance of norms to which such entities must adhere; That, through CONASEV Resolution No. 060-2006- EF/94.10, the Regulation of the Law Promoting the Swap or Redemption of Investment Shares was approved and section "On Valuation Entities included in Law No. 28739" was created in the Public Registry of the Securities Market; additionally, Chapter VII, referring to "Valuation Entities included in Law No. 28739", was incorporated into Title II of the Regulation of the Public Registry of the Securities Market, approved by CONASEV Resolution No. 079-1997-EF/94.10 and its amendments; That, through General Superintendent Resolution SMV No. 100- 2018-SMV/11.1 of November 21, 2018, the inscription of Ernst & Young Asesores Empresariales S. Civil R.L. was ordered in the section "On Valuation Entities included in Law No. 28739" of the Public Registry of the Securities Market; stating as an obligation that persons who join said valuation entity as directors, managers or technical staff responsible for carrying out the valuation work of companies within the framework of Law No. 28739, must comply with presenting the information required by article 36-A of the Regulation of the Public Registry of the Securities Market; That, through a letter presented on April 23, 2025, Ernst & Young Asesores Empresariales S. Civil R.L., represented by Mr. Paulo César Pantigoso Velloso De Silveira, requested the Securities Market Superintendence – SMV the cancellation of its inscription in the section "On Valuation Entities included in Law No. 28739" of the Public Registry of the Securities Market, attaching the necessary documentation, under the protection of article 117 of the Single Consolidated Text of Law No. 27444 – General Administrative Procedure Law, approved by Supreme Decree No. 004-2019-JUS; That, article 7, numeral 14, of the Policy on Dissemination of Normative Projects, General Legal Norms, Regulatory Agenda and Other Administrative Acts of the SMV, approved by SMV Resolution No. 014-2014- SMV/01 and its amending norms, establishes that the administrative decision that, in the opinion of the deciding body, generates the effects provided for in article 5 of said resolution, that is, that in addition to its particular scope, has a general effect with respect to an indeterminate set of persons or whose rights may be affected, must be subject to dissemination through the Institutional Page of the SMV on the Digital Platform Unified of the Peruvian State for Citizen Orientation (www.smv.gob.pe); and, Being in accordance with what is provided by
article 13 and following of the Single Consolidated Text of the Securities Market Law, Legislative Decree No. 861, approved by Supreme Decree No. 020-2023-EF; as well as by what is established in article 46, numeral 10, of the Regulation of Organization and Functions of the Securities Market Superintendence, approved by Supreme Decree No. 216- 2011-EF and its amendments, which empowers the General Superintendent of Conduct Supervision to cancel the inscription of valuation entities in the Public Registry of the Securities Market. Resolves:
Article 1°.- Order the cancellation of the inscription of
Ernst & Young Asesores Empresariales S. Civil R.L. as a valuation entity in the
section "On Valuation Entities included in Law No. 28739" of the
Public Registry of the Securities Market.
Article 2°.- Disseminate this resolution in the Portal
of the Securities Market of the Securities Market Superintendence – SMV (www.gob.pe/smv).
Article 3°.- Transcribe this resolution to Ernst &
Young Asesores Empresariales S. Civil R.L.
Register, communicate and disseminate.
Alix Godos
General Superintendent
General Superintendent of Conduct Supervision