Regulatory Alerts2025-08-05 | Resolución SBS 02685-2025SBS Resolution No. 02685-2025: Amending the Country Risk Management Regulation (SBS Resolution No. 7932-2015) and Chapter V of the Accounting Manual
The Peruvian Banking, Insurance and AFP Superintendence (SBS) issued Resolution No. 02685-2025 to amend the Country Risk Management Regulation and Chapter V of the Accounting Manual. The resolution changes the submission frequency for Reports 23-A and 23-B from quarterly to monthly, requiring financial institutions to submit detailed country risk exposure data disaggregated by counterparty within fifteen calendar days after each month's close. Additionally, it introduces a new quarterly Report 29 for Economic Groups to replace the previous debtor-focused version and updates methodological note 14 for Report 21, with validity periods commencing in January and March 2026.
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