The Superintendency of Banking, Insurance and Private Pension Fund Administrators of Peru announced that it and the Central Reserve Bank of Peru have signed two cooperation agreements to strengthen coordination between the institutions and support the development of Peru's payment system and open finance. The package establishes a permanent cooperation framework and a first specific arrangement focused on open finance and payment initiation. The first agreement is a general interinstitutional cooperation framework designed to create permanent coordination mechanisms and enable timely exchange of relevant information for the exercise of each authority's functions. The second agreement sets out cooperation and coordination on timely information sharing and on aligning regulatory and supervisory efforts in open finance and payment initiation involving entities regulated and supervised by the two authorities. A working group with three members from each institution will be created to implement the specific agreement.
Superintendencia de Banca, Seguros y AFP del Peru 2025-05-05
Superintendency of Banking, Insurance and Private Pension Fund Administrators of Peru and Central Reserve Bank of Peru sign two cooperation agreements on payments and open finance
The Superintendency of Banking, Insurance and Private Pension Fund Administrators of Peru and the Central Reserve Bank of Peru have signed two cooperation agreements to strengthen coordination and support the development of Peru’s payment system and open finance. The first establishes a permanent interinstitutional cooperation and information-sharing framework, while the second aligns regulatory and supervisory efforts on open finance and payment initiation, supported by a joint working group.