meta_id 3413757

On August 18, 2026, the Superintendencia de Banca, Seguros y AFP (SBS) published two regulatory projects designed to align Peru's financial system regulatory framework with international standards established by the Basel Committee on Banking Supervision. These proposals form part of the implementation process for Basel III capital adequacy rules. The first project proposes a new regulation for market risk capital requirements aligned with the Fundamental Review of the Trading Book (FRTB) standard. This initiative seeks to update existing regulations and incorporate a more robust and risk-sensitive methodology that enables financial institutions to identify, recognise, and measure market risks with greater precision. The proposal incorporates two standardised methodologies: the standard method and the simplified standard method. Financial institutions will apply the appropriate methodology based on the size and complexity of their market risk-exposed operations. The second project proposes a new regulation for managing interest rate risk in the banking book, aligned with the international Interest Rate Risk in the Banking Book (IRRBB) standard. This initiative establishes a specific normative framework for managing this risk through principles, guidelines, and minimum criteria, while implementing a standardised measurement methodology to enable consistent risk management across financial institutions. The proposal also defines the methodology for determining capital requirements for this risk. The proposal establishes governance guidelines specifying responsibilities for the Board of Directors, Management, the Risk Committee, the Asset and Liability Management Committee, and the Risk Unit. Both regulatory projects are available on the SBS institutional portal and will remain open for public comment and industry feedback until November 16, 2026. REFERENCE: https://www.sbs.gob.pe/normativa-y-estandares/normativa/prepublicacion-de-proyectos-normativos