Regulatory Alerts2025-12-11 | Resolución SBS 4345-2025SBS Resolution No. 4345-2025: Amending the Rules for Coverage, Resources and Payment of Covered Deposits under the Deposit Insurance Fund, Approved by SBS Resolution No. 0657-99
The Peruvian Superintendence of Banks, Insurance and Private Pension Fund Administrators (SBS) issued Resolution No. 04345-2025 to amend the Rules for Coverage, Resources and Payment of Covered Deposits under the Deposit Insurance Fund. The amendment clarifies that automatic renewal clauses constitute new deposits and do not count toward the ten-year immobilization period, while assets with disposal restrictions remain inactive until those limits are lifted. It further mandates that financial companies holding client assets exceeding ten UIT must actively search public sources for contact information to facilitate timely withdrawals or cancellations before transferring the assets to the Fund.
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