Regulatory Alerts2025-11-26 | Resolución SBS 04200-2025SBS Resolution No. 04200-2025: Amending the Regulation for the Consolidated Supervision of Financial and Mixed Conglomerates, approved by SBS Resolution No. 11823-2010 and its amendments, and TUPA No. 221
The Superintendent of Banking, Insurance and Private Pension Fund Administrators (SBS) amends the Regulation for the Consolidated Supervision of Financial and Mixed Conglomerates to clarify accounting harmonization frameworks, effective capital calculations for consolidatable and financial groups, and reporting requirements. The resolution updates profit recognition rules for holding companies, non-controlling interests, and capitalization agreements, while extending implementation deadlines to allow technological system adjustments. It also establishes specific reversal mechanisms for unrealized gains and losses in Tier 1 and Tier 2 consolidated capital, ensuring compliance with minimum solvency requirements.
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