The Central Bank of Peru and Peru's Superintendency of Banking, Insurance and Private Pension Fund Administrators have signed two cooperation agreements to strengthen coordination between the two authorities and support the development of Peru's payment system and open finance framework. The package consists of a framework agreement for ongoing cooperation and a first specific agreement focused on open finance and payment initiation. The framework agreement establishes permanent coordination mechanisms and timely information sharing relevant to each institution's functions. The specific agreement is designed to facilitate the exchange of information and align regulatory and supervisory work on open finance and payment initiation involving entities regulated and supervised by the two authorities. Implementation of the specific agreement will be supported by a committee made up of three members from each institution.