TEXTO PAGINA: 8
NORMAS LEGALES (O3HUXDQR Lima, jueves 3 de enero de 2013 485318 4XHWHQLHQGRHQFRQVLGHUDFLyQODHVWUXFWXUDRUJiQLFD GHO 0LQLVWHULR GH (FRQRPtD \ )LQDQ]DV DSUREDGD SRU 5HVROXFLyQ0LQLVWHULDO1()\FRQHOSURSyVLWR GHORJUDUXQDPD\RUÀXLGH]DODPDUFKDDGPLQLVWUDWLYDGHO 0LQLVWHULR HV FRQYHQLHQWH HIHFWXDU ODV GHOHJDFLRQHV D GLYHUVRVyUJDQRVGHHVWH0LQLVWHULR 'HFRQIRUPLGDGFRQORGLVSXHVWRHQHODUWtFXORGH OD /H\ 1 /H\ 2UJiQLFD GHO 3RGHU (MHFXWLYR \ HO 5HJODPHQWRGH2UJDQL]DFLyQ\)XQFLRQHVGHO0LQLVWHULRGH (FRQRPtD\)XQFLRQHVDSUREDGRSRU5HVROXFLyQ0LQLVWHULDO 1() 6(5(68(/9( $UWtFXOR 'HOHJDFLyQ HQ WHPDV GHO )RQGR GH $SR\R*HUHQFLDODO6HFWRU3~EOLFR 'HOHJDU HQ ORV 9LFHPLQLVWURV GH (FRQRPtD \ GH +DFLHQGDOD6HFUHWDUtD*HQHUDO\HO'LUHFWRU*HQHUDOGH OD2¿FLQD*HQHUDOGH$GPLQLVWUDFLyQ\5HFXUVRV+XPDQRV GHO 0LQLVWHULR GH (FRQRPtD \ )LQDQ]DV ODV IDFXOWDGHV VLJXLHQWHV D /RV 9LFHPLQLVWURV GH (FRQRPtD \ GH +DFLHQGD DXWRUL]DUiQ ODV FRQWUDWDFLRQHV \ VXVFULELUiQ ORV7pUPLQRV GH 5HIHUHQFLD GHO 6HUYLFLR DVt FRPR ODV SUyUURJDV R UHQRYDFLRQHV GH ORV FRQWUDWRV FRQ FDUJR DO )RQGR GH $SR\R*HUHQFLDODO6HFWRU3~EOLFRTXHVHUHTXLHUDQHQVXV UHVSHFWLYRV'HVSDFKRVDVtFRPRHQORVÏUJDQRVGH/tQHD GHSHQGLHQWHVGHFDGDXQDGHHVWDVLQVWDQFLDV E /D6HFUHWDUtD*HQHUDODXWRUL]DUiODVFRQWUDWDFLRQHV \ VXVFULELUi ORV7pUPLQRV GH 5HIHUHQFLD GHO 6HUYLFLR DVt FRPRODVSUyUURJDVRUHQRYDFLRQHVGHORVFRQWUDWRVFRQ FDUJRDO)RQGRGH$SR\R*HUHQFLDODO6HFWRU3~EOLFRTXH VH UHTXLHUD HQ HO 'HVSDFKR 0LQLVWHULDO HQ ORV ÏUJDQRV $GPLQLVWUDWLYDPHQWH GHSHQGLHQWHV GHO 0LQLVWUR HQ VX UHVSHFWLYR 'HVSDFKR \ HQ ORV ÏUJDQRV GHSHQGLHQWHV GH HOOD$VLPLVPR HPLWLUi OD FRQIRUPLGDG GHO VHUYLFLR GH ORV FRQWUDWRV GHO 'HVSDFKR 0LQLVWHULDO \ GH ORV ÏUJDQRV $GPLQLVWUDWLYDPHQWHGHSHQGLHQWHVGHO0LQLVWUR F (O 'LUHFWRU *HQHUDO GH OD 2¿FLQD *HQHUDO GH $GPLQLVWUDFLyQ \ 5HFXUVRV +XPDQRV VXVFULELUi ORV FRQWUDWRV\DGHQGDVGHORVFRQVXOWRUHVFRQWUDWDGRVHQHO 0LQLVWHULRGH(FRQRPtD\)LQDQ]DVFRQFDUJRDO)RQGRGH $SR\R*HUHQFLDODO6HFWRU3~EOLFR $UWtFXOR'HOHJDFLyQHQPDWHULDGHFRQWUDWDFLyQ S~EOLFDEDMRHOiPELWRGHOD/H\GH&RQWUDWDFLRQHVGHO (VWDGR\VX5HJODPHQWRYLJHQWHV 'HOHJDUHQOD6HFUHWDUtD*HQHUDOGHO0LQLVWHULRGH (FRQRPtD\)LQDQ]DVODIDFXOWDGGHUHVROYHUORVUHFXUVRV GH DSHODFLyQ LQWHUSXHVWRV HQ SURFHVRV GH VHOHFFLyQ GH $GMXGLFDFLyQ 'LUHFWD 6HOHFWLYD \ $GMXGLFDFLyQ GH 0HQRU &XDQWtD GHQWUR GHO PDUFR GH OR GLVSXHVWR SRU OD /H\ GH &RQWUDWDFLRQHV GHO (VWDGR DSUREDGD SRU HO 'HFUHWR /HJLVODWLYR1\PRGL¿FDWRULD 'HOHJDUHQHO'LUHFWRU*HQHUDOGHOD2¿FLQD*HQHUDO GH $GPLQLVWUDFLyQ \ 5HFXUVRV +XPDQRV GHO 0LQLVWHULR GH (FRQRPtD \ )LQDQ]DV ODV VLJXLHQWHV IXQFLRQHV \ DWULEXFLRQHV SUHYLVWDV HQ OD /H\ GH &RQWUDWDFLRQHV GHO (VWDGRDSUREDGDSRUHO'HFUHWR/HJLVODWLYR1HQ DGHODQWH³OD/H\´\VX5HJODPHQWRDSUREDGRSRU'HFUHWR 6XSUHPR1()\PRGL¿FDWRULDV D $SUREDFLyQ GHO 3ODQ$QXDO GH &RQWUDWDFLRQHV DVt FRPRVXVPRGL¿FDFLRQHV E $SUREDFLyQGHORVH[SHGLHQWHVGHFRQWUDWDFLyQSDUD ODUHDOL]DFLyQGHORVSURFHVRVGHVHOHFFLyQ F $SUREDFLyQGHODUHVHUYDGHOYDORUUHIHUHQFLDOHQORV SURFHVRVGHVHOHFFLyQ G $XWRUL]DFLyQGHORVSURFHVRVGHHVWDQGDUL]DFLyQ H $SUREDFLyQGHORWRUJDPLHQWRGHODEXHQDSURDODV SURSXHVWDVTXHVXSHUHQHOYDORUUHIHUHQFLDOHQSURFHVRVGH VHOHFFLyQSDUDODHMHFXFLyQGHREUDVKDVWDHOOtPLWHPi[LPR SUHYLVWRSRU/H\ I $SUREDFLyQ GH OD FDQFHODFLyQ GH ORV SURFHVRV GH VHOHFFLyQ J 6XVFULELUFRQYHQLRVLQWHULQVWLWXFLRQDOHVSDUDHQFDUJDU SURFHVRV GH VHOHFFLyQ D HQWLGDGHV S~EOLFDV \ SULYDGDV QDFLRQDOHVHLQWHUQDFLRQDOHVXRUJDQLVPRVLQWHUQDFLRQDOHV DVtFRPRDSUREDUHOH[SHGLHQWHGHFRQWUDWDFLyQ\ODVEDVHV HQFDOLGDGGHHQWLGDGHQFDUJDQWH K $SUREDFLyQ GH ODV %DVHV GH ORV SURFHVRV GH VHOHFFLyQ LQFOX\HQGR ODV SURYHQLHQWHV GH H[RQHUDFLRQHV GHSURFHVRVGHVHOHFFLyQ L 'HVLJQDFLyQ GH ORV LQWHJUDQWHV GH ORV &RPLWpV (VSHFLDOHV\&RPLWpV(VSHFLDOHV3HUPDQHQWHV M $XWRUL]DFLyQ GH OD SDUWLFLSDFLyQ GH H[SHUWRV LQGHSHQGLHQWHVGHO0LQLVWHULRGH(FRQRPtDHQORV&RPLWpV (VSHFLDOHVGHRWUDV(QWLGDGHV N $XWRUL]DFLyQ GH OD HMHFXFLyQ GH SUHVWDFLRQHV DGLFLRQDOHVHQHOFDVRGHELHQHV\VHUYLFLRVKDVWDSRUHO Pi[LPRSHUPLWLGRSRU/H\ O $XWRUL]DFLyQ GH OD UHGXFFLyQ GH SUHVWDFLRQHV HQ HO FDVR GH ELHQHV VHUYLFLRV \ REUDV KDVWD SRU HO Pi[LPR SHUPLWLGRSRU/H\ P &HOHEUDFLyQGHORVFRQWUDWRVGHULYDGRVGHSURFHVRV GH VHOHFFLyQ \ GH ODV H[RQHUDFLRQHV DVt FRPR VXVFULELU DGHQGDVGHPRGL¿FDFLyQGHFRUUHVSRQGHU Q &HOHEUDFLyQGHFRQWUDWRVFRPSOHPHQWDULRVGHELHQHV \VHUYLFLRV R 5HVROYHU ODV VROLFLWXGHV GH DPSOLDFLyQ GHO SOD]R FRQWUDFWXDO S $SUREDFLyQ GH ODV UHVROXFLRQHV GH FRQWUDWRV SRU FDVRIRUWXLWRRIXHU]DPD\RUSRUHOLQFXPSOLPLHQWRGHORV PLVPRVFXDQGRVHDLPSXWDEOHDOFRQWUDWLVWDDVtFRPRHQ RWURVVXSXHVWRVSUHYLVWRVSRUOD/H\ T $SUREDFLyQVXVFULSFLyQXREVHUYDUODVOLTXLGDFLRQHV GHREUDVTXHVHSUHVHQWHQDOD(QWLGDG $UWtFXOR'HOHJDFLyQHQPDWHULDGHFRQWUDWDFLyQ S~EOLFDIXHUDGHOiPELWRGHOD/H\GH&RQWUDWDFLRQHV GHO(VWDGR\VX5HJODPHQWRYLJHQWHV 'HOHJDUHQHO'LUHFWRUGHOD2¿FLQDGH$EDVWHFLPLHQWRGH OD2¿FLQD*HQHUDOGH$GPLQLVWUDFLyQ\5HFXUVRV+XPDQRV GHO0LQLVWHULRGH(FRQRPtD\)LQDQ]DVODUHSUHVHQWDFLyQ OHJDO GH OD (QWLGDG SDUD VXVFULELU FRQWUDWRV GH ELHQHV \ VHUYLFLRVFX\RVPRQWRVVHDQPHQRUHVRLJXDOHVD8,7 $UWtFXOR 'HOHJDFLyQ HQ WHPDV GHO 5HJODPHQWR GH'HVLJQDFLyQGH6RFLHGDGHVGH$XGLWRUtD 'HOHJDU HQ HO 'LUHFWRU *HQHUDO GH OD 2¿FLQD *HQHUDO GH $GPLQLVWUDFLyQ \ 5HFXUVRV +XPDQRV GHO 0LQLVWHULR GH (FRQRPtD \ )LQDQ]DV OD VXVFULSFLyQ GH ORV FRQWUDWRV VXMHWRV D ODV GLVSRVLFLRQHV UHJXODGDV HQ HO 5HJODPHQWR GH'HVLJQDFLyQGH6RFLHGDGHVGH$XGLWRULDDSUREDGRSRU 5HVROXFLyQGH&RQWUDORUtD1&* $UWtFXOR 'HOHJDFLyQ HQ PDWHULD GH WHVRUHUtD \ SUHVXSXHVWR 'HOHJDU HQ HO 'LUHFWRU *HQHUDO GH OD 2¿FLQD *HQHUDO GH$GPLQLVWUDFLyQ\5HFXUVRV+XPDQRVGHO0LQLVWHULRGH (FRQRPtD\)LQDQ]DVODVVLJXLHQWHVIDFXOWDGHV D 'HVLJQDUDORVWLWXODUHV\VXSOHQWHVGHODVFXHQWDV EDQFDULDVGHODV8QLGDGHV(MHFXWRUDV E $SUREDU OD IRUPDOL]DFLyQ GH ODV PRGL¿FDFLRQHV SUHVXSXHVWDULDV HIHFWXDGDV HQ HO 1LYHO )XQFLRQDO 3URJUDPiWLFRDTXHVHUH¿HUHHODUWtFXORGHOD/H\1 /H\*HQHUDOGHO6LVWHPD1DFLRQDOGH3UHVXSXHVWR $UWtFXOR 'HOHJDFLyQ HQ PDWHULD GH UHFXUVRV KXPDQRV 'HOHJDU HQ HO 'LUHFWRU *HQHUDO GH OD 2¿FLQD *HQHUDO GH$GPLQLVWUDFLyQ\5HFXUVRV+XPDQRVGHO0LQLVWHULRGH (FRQRPtD\)LQDQ]DVODVVLJXLHQWHVIDFXOWDGHV D &RQVWLWXLU HO &RPLWp (OHFWRUDO SDUD OD HOHFFLyQ GH ORV UHSUHVHQWDQWHV GH ORV WUDEDMDGRUHV DQWH HO &RPLWp GH $GPLQLVWUDFLyQ GHO )RQGR GH $VLVWHQFLD \ (VWtPXOR &$)$( E &RQVWLWXLU HO &RPLWp HOHFWRUDO SDUD OD HOHFFLyQ GH ORV UHSUHVHQWDQWHV GH ORV WUDEDMDGRUHV DQWH OD &RPLVLyQ 3HUPDQHQWHGH3URFHVRV$GPLQLVWUDWLYRV'LVFLSOLQDULRV F $XWRUL]DUORVYLDMHVDOLQWHULRUGHOSDtVHQFRPLVLyQGH VHUYLFLRVTXHH[FHGDQORVTXLQFH GtDVFDOHQGDULR G $XWRUL]DUHO'HVSOD]DPLHQWRGH3HUVRQDO DVLJQDFLyQ HQFDUJR URWDFLyQ UHDVLJQDFLyQ GHVWDTXH SHUPXWD FRPLVLyQGHVHUYLFLRV\WUDQVIHUHQFLD H 'LVSRQHU HO DVFHQVR SURPRFLyQ UHLQJUHVR \ UHSRVLFLyQ I 7pUPLQR GH VHUYLFLRV DFHSWDFLyQ GH UHQXQFLD H[FHSWR ORV FDUJRV GH FRQ¿DQ]D FHVH SRU IDOOHFLPLHQWR FHVHGH¿QLWLYRSRUOtPLWHGHHGDGUHVROXFLyQGHFRQWUDWRGHO SHUVRQDOHQORVFDVRVTXHFRUUHVSRQGDHPLWLUVH5HVROXFLyQ 0LQLVWHULDO $UWtFXOR'HOHJDFLyQHQPDWHULDDGPLQLVWUDWLYD 'HOHJDU HQ HO 'LUHFWRU *HQHUDO GH OD 2¿FLQD *HQHUDO GH$GPLQLVWUDFLyQ\5HFXUVRV+XPDQRVGHO0LQLVWHULRGH (FRQRPtD\)LQDQ]DVODUHSUHVHQWDFLyQOHJDOGHO0LQLVWHULR DQWH FXDOTXLHU WLSR GH DXWRULGDG DGPLQLVWUDWLYD DVt FRPR VXVFULELU FRQYHQLRV FRQWUDWRV \ FXDOTXLHU RWUR DFWR UHODFLRQDGRFRQORV¿QHVGHODLQVWLWXFLyQ'LFKDIDFXOWDG FRPSUHQGHWDPELpQDORVFRQYHQLRVRFRQWUDWRVUHIHULGRV