meta_id 3288653

On June 30, 2026, the Superintendencia de Banca, Seguros y AFP (SBS) modified the Regulation for Consolidated Supervision of Financial and Mixed Conglomerates through Resolution SBS No. 1681-2026, published in the Official Gazette. The amendment strengthens risk-based supervision by incorporating proportionality criteria based on the nature and complexity of consolidable groups, while improving the efficiency of information reporting to the SBS. The modification expands exceptional treatment exemptions from certain regulatory requirements to consolidable groups within the financial system composed exclusively of entities that do not accept deposits. The SBS may now fully exempt such groups from regulation application when appropriate, based on their risk profile and the characteristics of their constituent entities. This targeted approach allows the SBS to concentrate supervisory resources on conglomerates whose structure, activities, and risks require more intensive consolidated-level review, promoting more effective and proportional supervision aligned with relevant risks to financial system stability and insurance sector protection. The resolution also introduces operational improvements to information submission processes, reducing administrative burdens, accelerating reporting timelines, and promoting secure digital channels for supervision. These measures form part of the SBS's ongoing regulatory modernisation process, aimed at establishing a clear, efficient, and internationally consistent supervisory framework. The amendments reinforce the SBS's institutional commitment to strengthening risk management across financial and mixed conglomerates through preventive, proportional, and sustainable consolidated supervision. REFERENCE: Superintendencia de Banca, Seguros y AFP (SBS), "SBS modifica el Reglamento para la supervisión consolidada de conglomerados financieros y mixtos," June 30, 2026, https://www.sbs.gob.pe/