SUPERINTENDENCY OF BANKING, INSURANCE AND AFP Republic of Peru

Lima, 10 May 2013

S.B.S. Resolution No. 2848 -2013

The Superintendent of Banking, Insurance and
Private Pension Fund Administrators:

CONSIDERANDO:

That, the General Law of the Financial System and the Insurance System and Organic Law of the Superintendency of Banking and Insurance, Law No. 26702 and its amending norms, hereinafter General Law, establishes in numeral 26 of article 221° that financial system companies may enter into portfolio purchase or sale contracts;

That, by SBS Resolution No. 1308-2013 of 15 February 2013, the new Regulation for the Transfer and Acquisition of Credit Portfolio was approved;

That, by article 12° of the aforementioned regulation, guidelines were established for companies to send to this Superintendency updated information on debtors reported in the Transferred Portfolios Report –RCT, with the aforementioned provision in force as of 1 June 2013;

That, it is necessary to grant a longer period for the implementation of the provisions of article 12° of the aforementioned Regulation, in order to provide greater facilities for the adaptation process;

With the approval of the Deputy Superintendencies of Banking and Microfinance, of Risks, of Economic Studies and of Legal Advice; and,

In exercise of the powers conferred by numerals 7 and 9 of article 349 of the General Law; and, in accordance with the exception conditions set forth in numeral 3.2 of article 14 of Supreme Decree No. 001-2009-JUS;

RESUELVE:

Article One.- The following text is incorporated as the second paragraph of article eight of SBS Resolution No. 1308-2013:

“Artículo Octavo.- (…)

SUPERINTENDENCY OF BANKING, INSURANCE AND AFP Republic of Peru

The sending of the update of the debtors reported in the Transferred Portfolios Report – RCT, referred to in article 12 of the new Regulation on Transfer and Acquisition of Credit Portfolio, shall be effective as of 02.01.2014.”

Article Two.- This resolution shall enter into force as of the day following its publication in the Official Gazette El Peruano.

Register, communicate and publish,

DANIEL SCHYDLOWSKY ROSENBERG
Superintendent of Banking, Insurance and
Private Administrators of Pension Funds