EN 
ES 
On this occasion the Supervisory Committee presented the detailed report of its management for the year 2019.
On Friday, March 13th, 2020, the Ordinary Assembly of Depositors of the Depósito Central de Valores (DCV) was held. On this occasion, the Supervisory Committee presented its management report for the year 2019 and its members were renewed for a future period. Additionally, Rodrigo Roblero, Planning, IT and Finance Manager at DCV, reported on the progress of the transformation project, DCV Evolución.
The chairman of the Committee, Hugo de la Carrera, explained the principal work contemplated in the annual planning. Among these, the following stood out: hiring a statistical professional to review the sample size of the reconciliation processes; the tender for carrying out an evaluation of the internal control systems was reviewed and which was awarded to and carried out by PwC.
Additionally, de la Carrera indicated that the Supervisory Committee had participated during 2019 in 4 informative meetings on the progress of the technological implementation of the project, DCV Evolution, as well as ongoing monitoring of the volume of daily transactions at DCV. All of this with the purpose of knowing and being constantly informed of important changes regarding these tasks. Likewise, it received and analyzed the Critical Operational Incidents reports that occurred during the year in the Company, in order to be informed and provide the recommendations that were deemed pertinent for providing betters solutions to the detected problems.
Finally, the Committee, in compliance with Circular No. 2,237 of the Commission for the Financial Market, CMF, hired Efectus to carry out an analysis and evaluation of the application of the "Framework for Disclosure" document at the Depósito Central de Valores (DCV), according to the format defined by the CPMI-IOSCO.
De la Carrera explained to the attendees that as a result of the work carried out regarding this exercise, despite there being pending situations that are progressing as well as their respective solutions, the risk of errors or irregularities of significant impact for depositors is controlled today. This reaffirms that DCV maintains a current business continuity plan that efficiently defines logistics, where its purpose is to recover and restore critical functions that are interrupted in an undesired way by an incident.
Finally, Rodrigo Roblero, Planning, IT and Finance Manager of DCV, explained to the assembly the scope of the DCV Evolution project and informed on the 2020 calendar of activities. This project is being carried together with Nasdaq, one of the principal providers and technology leaders worldwide, which will significantly transform the Cmpany's core technology platform.
Photos of the Assembly of Depositors
