&RPSUXHEHTXHODEDQGHMDGHGUHQDMHHVWpFRUUHFWDPHQWHFRORFDGD
6HSURGXFHFRQGHQVDFLyQHQODSDUWHH[WHUQDGHOIULJRUtILFR
/D FRQGHQVDFLyQ SXHGH IRUPDUVH HQ OD SDUWH H[WHUQD FXDQGR ODKXPHGDG HV DOWDFRPR SRU HMHPSOR
GXUDQWHODWHPSRUDGDK~PHGD (VWRHVLJXDODODFRQGHQVDFLyQ TXHVHIRUPDFXDQGR VHYLHUWH DJXDIUtD
HQXQYDVR6LQRVXFHGHHQWRQFHVLQGLFDTXHH[LVWHXQIDOOR6HTXHFRQXQSDxRVHFR
6HR\HXQUXLGRFRPRGHDJXDTXHIOX\H
8QUXLGRGHDJXDTXHIOX\HHVHOIOXMRGHOUHIULJHUDQWH(VWRQRLQGLFDXQIXQFLRQDPLHQWRLQFRUUHFWR
/RVSDQHOHVODWHUDOHVGHOJDELQHWHVHFDOLHQWDQ
/RVSDQHOHVODWHUDOHVGHOJDELQHWHVHFDOHQWDUiQFXDQGRODSXHUWD VHDEUHRFLHUUDFRQIUHFXHQFLDFXDQGR
ODXQLGDG LQLFLD\FXDQGRODXQLGDG IXQFLRQDHQHOYHUDQRFRQXQDWHPSHUDWXUD DPELHQWHH[WHULRU DOWD
(Q GLFKRV FDVRV QR WRTXH HO SDQHO \D TXH SXHGH RFDVLRQDU OD GLVLSDFLyQ GHO FDORU GHO LQWHULRU GHO
JDELQHWH\HVWRQRVLJQLILFDTXHHOIULJRUtILFRHVWpGHIHFWXRVR
(63(&,),&$&,21(6 7e&1,&$6
3DUDREWHQHUHVSHFLILFDFLRQHVWpFQLFDVGHWDOODGDVFRQVXOWHODSODFDGHLGHQWLILFDFLyQHQODSDUWHWUDVHUD
GHOIULJRUtILFR
/DVHVSHFLILFDFLRQHVHVWiQVXMHWDVDFDPELRVVLQSUHYLRDYLVR
62/8&,Ï1'(352%/(0$6
&XDQGRHOIULJRUtILFRQRIXQFLRQD
&RPSUXHEHVLH[LVWHXQIDOORHOpFWULFR
&RPSUXHEHTXHHOHQFKXIHGHDOLPHQWDFLyQHVWpHQFKXIDGRHQODWRPDGHFRUULHQWH
&RPSUXHEHTXHQRVHKD\DTXHPDGRXQIXVLEOH
&XDQGRHOIULJRUtILFRHQIUtDGHPDVLDGR
(OFXDGUDQWHGHFRQWUROGHWHPSHUDWXUDSXHGHHVWDUDMXVWDGRGHPDVLDGRDOWR
6LFRORFDDOLPHQWRVTXHFRQWHQJDQXQDOWRFRQWHQLGRGHKXPHGDGGLUHFWDPHQWHGHEDMRGHODVVDOLGDVGH
DLUHIUtRVHFRQJHODUiQIiFLOPHQWH(VWRQRLQGLFDXQIXQFLRQDPLHQWRLQFRUUHFWR
&XDQGRORIULJRUtILFRQRHQIUtDORVXILFLHQWH
/RVDOLPHQWRVSXHGHQKDEHUVHFRORFDGRGHPDVLDGRMXQWRVGHPDQHUDTXHEORTXHDQHOIOXMRGHDLUHIUtR
3XHGHKDEHUFRORFDGRDOJRGHPDVLDGRFDOLHQWHRGHPDVLDGRVDOLPHQWRVHQHOIULJRUtILFR
(VSRVLEOHTXHODSXHUWDQRHVWpFHUUDGDGHPDQHUDDGHFXDGD
/DVMXQWDVGHODSXHUWDSRGUtDQHVWDUGDxDGDV
(VSRVLEOHTXHHOIULJRUtILFRQRHVWpELHQYHQWLODGR
(VSRVLEOHTXH QRKD\DVXILFLHQWHHVSDFLROLEUHHQWUHHOIULJRUtILFR\ODVXSHUILFLHLQ
PHGLDWDPHQWH
VXSHULRUHLQIHULRU
(VSRVLEOHTXHHOFXDGUDQWHGHFRQWUROGHWHPSHUDWXUDQRHVWpDMXVWDGRFRUUHFWDPHQWH
(ODJXDGHGHVFRQJHODFLyQVHGHVERUGDGHQWURGHOIULJRUtILFR\FDHDOVXHOR
&RPSUXHEHTXHODWXEHUtDGHGUHQDMH\ODPDQJXHUDGHGUHQDMHQRHVWpQREVWUXLGDV