TITLE: Paraguay's Central Bank Issues General Regulation for National Payment Systems
BODY:
On March 12, 2026, the Banco Central del Paraguay (BCP) issued Resolution No. 2 establishing the General Regulation for Paraguay's Payment Systems (SIPAP).
The resolution, adopted during the BCP's meeting on March 12, 2026, sets out the regulatory framework governing payment systems operations within Paraguay. The regulation establishes comprehensive rules for the functioning, oversight, and management of payment infrastructure in the country. This regulatory instrument applies to all entities operating payment systems within Paraguay's jurisdiction and establishes standards for payment processing, settlement procedures, and system participant requirements.
The SIPAP regulation represents a key development in Paraguay's payments infrastructure governance, providing clarity on operational standards and risk management protocols for payment system operators and participants. The regulation was formally published in the Official Gazette (Gaceta) No. 66 on March 18, 2026, during the presidential term of Santiago Peña.
Market participants and payment system operators should review the regulation to ensure compliance with the newly established requirements. The regulation became effective upon publication in the Official Gazette on March 18, 2026.
**Reference:**
Gaceta No. 66, March 18, 2026