Peru's Superintendency of Banking, Insurance and Private Pension Funds has revised its Regulation of Infractions and Sanctions, adding, amending and repealing breaches across the financial system, insurance, pensions, market conduct and risk management, with a particular focus on strengthening the treatment of cybersecurity and information security failures. Issued through SBS Resolution No. 01029-2026, the update introduces new infractions classified as very serious, aligned with recent rule changes in cybersecurity, information security and market conduct. A central change makes it a very serious infraction for supervised entities to inadequately protect their information from security incidents, including cases resulting in loss, theft or alteration of confidential data or fraud affecting customers. The package also adjusts rules covering insurance intermediation, procedures for declaring the nullity of affiliation to the Private Pension System, and early repayments of loans.
Superintendencia de Banca, Seguros y AFP del Peru 2026-04-10
Peru's Superintendency of Banking, Insurance and Private Pension Funds updates its sanctions regime with new very serious cyber and market conduct breaches
Peru's Superintendency of Banking, Insurance and Private Pension Funds has revised its Regulation of Infractions and Sanctions across the financial system, insurance, pensions, market conduct and risk management, emphasizing cybersecurity and information security failures. Issued through SBS Resolution No. 01029-2026, the update introduces new very serious infractions for inadequate information protection causing data loss, theft, alteration or customer fraud, and adjusts rules on insurance intermediation, nullity of Private Pension System affiliation and early loan repayments.