Regulatory Alerts2025-11-25
Added · Updated
Resolution SMV No. 021-2025-SMV/01
This resolution modifies Articles 28 and 32 of the Regulation for the Recognition of Ownership over Shares, Dividends, and other Rights in Open Stock Corporations. It specifies the minimum information required for claims regarding denied share or dividend rights, sets a 15-day period for claimants to submit claims to the Society, and mandates the Society to forward the claim to the SMV within three days. The resolution also establishes a 90-day period for the SMV to resolve claims (120 days for simplified/special regimes) and eliminates the suspension of the resolution period due to pending information requests, aiming to streamline procedures for investors and open stock corporations.
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