2026-05-15
Added · Updated
This resolution sanctions Michell y Cía S.A. with a fine of 12.5 UIT for five infractions related to the communication of material events. The company incurred four minor infractions for incomplete or untimely disclosure, typified in subsection 3.1, numeral 3 of Annex I of the Sanctions Regulation. Additionally, it committed one very serious infraction for inaccurate communication of information, typified in subsection 1.4, numeral 1 of Annex I of the Sanctions Regulation. The fine was reduced by fifty percent due to the company's express acknowledgment of responsibility.
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