meta_id 3312933

On July 7, 2026, the Superintendencia de Banca, Seguros y AFP (SBS) published a draft regulation to strengthen credit risk management in Peru's cooperative system. The regulation addresses the administration of over-indebtedness risk among retail member-borrowers of savings and credit cooperatives (Coopac). The SBS identified heterogeneous practices in credit evaluation across cooperatives, with different methodologies used to assess members' actual repayment capacity. The proposed regulation establishes a normative framework to promote responsible member incorporation into the cooperative system and healthy growth of credit placements, with repayment capacity assessment as the central criterion. The draft regulation assigns specific responsibilities to the Board of Administration and General Management, and defines functions for the Risk Committee, Risk Unit, and Internal Audit Unit. Rather than imposing rigid standards, the regulation proposes a management reporting tool—a control dashboard—for cooperatives to use in measuring, monitoring, and tracking over-indebtedness risk among retail members. The SBS will conduct practical workshops, both in-person and virtual, beginning in July 2026 to train cooperatives on developing and implementing this tool. The draft regulation is available on the SBS institutional portal at https://www.sbs.gob.pe/normativa-y-estandares/normativa/prepublicacion-de-proyectos-normativos. The public consultation period runs until August 7, 2026, and the SBS invites comments and suggestions from industry participants and the general public.