UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report Of Foreign Private Issuer
Pursuant To Rule 13a-16 Or 15d-16 Of
The Securities Exchange Act Of 1934
For the month of February 2019
Commission File Number: 000-54290
Grupo Aval Acciones y Valores S.A.
(Exact name of registrant as specified in its charter)
Carrera 13 No. 26A - 47
Bogotá D.C., Colombia
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
GRUPO AVAL ACCIONES Y VALORES S.A.
TABLE OF CONTENTS
ITEM | |
1. | Report of Relevant Information dated February 11, 2019 |
Item 1
RELEVANT INFORMATION
Bogotá, February 11, 2019.Grupo Aval Acciones y Valores S.A. (“Grupo Aval” or the “Company”) informs that Law 1870 of 2017 came into effect on February 6, 2019. As a result of the foregoing, the Superintendence of Finance of Colombia does now exert inspection and surveillance over the Company as financial holding of theAval Financial Conglomerate.
The Company expresses its agreement with this new status as a surveilled company and will fully comply with all the new obligations arising from this surveillance in a timely manner. Likewise, it reaffirms its willingness to support the work carried out by the Superintendence of Finance of Colombia in the implementation of the applicable regulation.
The following is a summary of the implementation schedule of the main aspects of this regulation:
Applicable Regulation | Due date |
Capital adequacy (Decree 774 of 2018) | November 8, 2019 |
Identification of related companies (Decree 1486 of 2018) | February 6, 2020 |
Policies regarding conflicts of interests (Decree 1486 of 2018) | February 6, 2020 |
Limits of exposure and concentration of risks (Decree 1486 of 2018) | February 6, 2020 |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: February 12, 2019
| | GRUPO AVAL ACCIONES Y VALORES S.A. |
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| | | By: | /s/ Jorge Adrián Rincón Plata |
| | | | Name: | Jorge Adrián Rincón Plata |
| | | | Title: | Chief Legal Counsel |