(13)Pursuant to Article 6 of Law no. 964 of 2005, the SFC is empowered to supervise the operations of CCPs in Colombia and to monitor those CCPs to ensure compliance on an ongoing basis with the primary rules and with the internal rules and procedures of the CCPs. The SFC has a comprehensive set of powers to control and penalise an authorised CCP, including, inter alia, the power to request information and data, conduct on-site and off-site inspections and request an authorised CCP to make corrections, issue orders and instructions. In accordance with Article 53 of Law no. 964 of 2005, the SFC may impose warnings, fines, suspension or disqualification of the appointed managers of an authorised CCP. It may also suspend the operations of a CCP or withdraw a CCP’s authorisation in case of infringement of a mandatory legal requirement. Moreover, CCPs have to make a self-assessment of their compliance with the PFMIs at least every three years and deliver a report which is published and reviewed periodically by the SFC in accordance with its supervision plan.