Peru's Superintendency of Banking, Insurance and Private Pension Funds (SBS) has approved a new organisational design intended to modernise supervision, prioritise digitalisation and technology use, and improve operational efficiency and coordination across functions. The redesign strengthens the line Deputy Superintendencies for Banking and Microfinance, Insurance and Private Pension Funds, Cooperatives, and the Financial Intelligence Unit, granting them greater decision-making autonomy and standardising supervisory methodologies. On the regulatory side, the Regulation Department is reinforced and the sanctioning function will be centralised in the Sanctions Intendency, both placed under a new Deputy Superintendency for Regulation and Legal. The Deputy Superintendencies for Risks, Market Conduct and Economic Studies are renamed as Managements to better reflect their functions. Implementation is set to begin on 1 April.
Superintendencia de Banca, Seguros y AFP del Peru 2025-03-21
Peru's Superintendency of Banking, Insurance and Private Pension Funds approves new organisational structure effective 1 April
Peru's SBS has approved a new organisational design to modernise supervision, enhance digitalisation, and improve efficiency. The redesign grants greater autonomy to Deputy Superintendencies and centralises the sanctioning function under a new Deputy Superintendency for Regulation and Legal. The changes aim to standardise supervisory methodologies and better align departmental functions.