On July 17, the Stock Market Superintendency (SMV, for its acronym in Spanish), through Resolution No. 066-2020-SMV / 02, adopted a series of regulations establishing a general framework for corporate integration procedures undertaken by stock market and clearing institutions and securities settlements.
The regulations establish that the General Superintendency of Entities must submit a request to authorize corporate integration to the SMV in the case of at least two stock exchanges, or two securities clearing and settlement institutions. Likewise, the statements and the documentation presented hold affidavit status.
On the other hand, through Resolution No. 001-2020-EF / 30, the Executive Branch formalized the modifications made to the International Accounting Standards (IAS) regarding the presentation of Financial Statements and the Complete Set of International Standards of Financial Information – 2020 version.