Superintendent Resolution No. 140-2024-SMV/02

PERÚ Ministry of Economy and Finance

SMV
Securities Market
Superintendency

"Decade of Equality of Opportunities for Women and Men" "Year of the Bicentennial, of the consolidation of our Independence, and of the commemoration of the heroic battles of Junín and Ayacucho"

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Electronic document digitally signed under the framework of Law No. 27269, Law of 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

Superintendent Resolution
No. 140-2024-SMV/02

Lima, December 2, 2024

The Superintendent of the Securities Market

HAVING SEEN:

File No. 2024033860, as well as Report No. 1554-2024-SMV/10.2, issued by the General Superintendency of Entity Supervision, with the favorable ruling of the Deputy Superintendent of Prudential Supervision;

CONSIDERING:

That, by General Superintendency of Entity Supervision Resolution No. 077-2024-SMV/10.2 of May 31, 2024, authorization was granted to Banco Santander, S.A. and Santander Holding Internacional S.A. to organize a collective fund administrator company to be named Santander Collective Fund Administrator Company S.A. or abbreviated as Santander EAFC S.A.;

That, with documents submitted up to November 21, 2024, Santander Collective Fund Administrator Company S.A. requested authorization from the Securities Market Superintendency – SMV to operate as a collective fund administrator;

That, Article 8 of the Regulations of the Collective Fund System and its Administrator Companies, approved by SMV Resolution No. 020-2014-SMV/01 and its amendments, as well as the Single Text of Administrative Procedures of the Securities Market Superintendency, approved by Superintendent Resolution No. 023-2015-SMV/02 and its amendments, indicate the requirements that must be met to obtain the operating authorization for a collective fund administrator company;

That, the General Superintendency of Entity Supervision, with the participation of representatives from the Deputy Superintendency of Risks, conducted an on-site review of the facilities of the aforementioned company. This was for the purpose of verifying that Santander Collective Fund Administrator Company S.A. has the necessary physical infrastructure, technological capacity, and human resources for its operation;

That, from the evaluation of the documentation presented by Santander Collective Fund Administrator Company S.A. and the aforementioned verification, it was determined that said company meets the requirements provided for obtaining the operating authorization as a collective fund administrator company; as developed in Report No. 1554-2024-SMV/10.2 of November 25, 2024, which recommends that the requested authorization be granted; and,

PERÚ Ministry of Economy and Finance

SMV
Securities Market
Superintendency

"Decade of Equality of Opportunities for Women and Men" "Year of the Bicentennial, of the consolidation of our Independence, and of the commemoration of the heroic battles of Junín and Ayacucho"

2
Electronic document digitally signed under the framework of Law No. 27269, Law of 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

Being in accordance with the provisions of Article 3, numeral 1, of the Concorded Single Text of the Organic Law of the Securities Market Superintendency, approved by Legislative Decree No. 26126 and its amendments; as well as Article 12, numeral 1, of the Regulations on Organization and Functions of the Securities Market Superintendency, approved by Supreme Decree No. 216-2011-EF and its amendments;

RESOLVES:

Article 1.- Authorize the operation of Santander Collective Fund Administrator Company S.A., which may use the abbreviated name Santander EAFC S.A., as a collective fund administrator.

Article 2.- Order the registration of Santander Collective Fund Administrator Company S.A. in the corresponding section of the Special Register of other Entities under the Competence of the SMV.

Article 3.- Order the dissemination of this resolution in the Official Gazette El Peruano and on the Institutional Website of the Securities Market Superintendency on the Unique Digital Platform of the Peruvian State (www.gob.pe/smv).

Article 4.- This resolution shall enter into force the day following its publication in the Official Gazette El Peruano.

Article 5.- Transmit this resolution to Santander Collective Fund Administrator Company S.A.

Register, notify, and publish.

Zósimo Juan Pichihua Serna
Superintendent of the Securities Market