Regulatory Alerts2025-09-19 | Resolución SBS 3289-2025SBS Resolution No. 3289-2025: Modification of Article 17 of the Credit and Debit Card Regulations
The Peruvian Superintendence of Banking, Insurance and Private Pension Fund Administrators (SBS) issued Resolution No. 3289-2025 to modify Article 17 of the Credit and Debit Card Regulations, mandating financial institutions to implement distinct transaction monitoring systems that operate independently from user authentication processes. The amended article requires companies to adopt minimum security measures, including fraud pattern identification, alert management procedures, transaction amount limits across service channels, and enhanced authentication for high-risk operations. Furthermore, the resolution clarifies that monitoring measures constitute part of corporate risk management without independently determining transaction validity, thereby defining institutional liability for user transactions according to Article 23 of the Regulations.