Regulatory Alerts2025-03-10 | Resolución SBS 00814-2025Added · Updated
SBS Resolution No. 00814-2025: Amending the Business Continuity Management Regulation and the Regulation of Infractions and Sanctions
The Superintendency of Banking, Insurance and Private Pension Fund Administrators (SBS) amends the Business Continuity Management Regulation to introduce operational resilience requirements for digital channels, including specific Recovery Time Objectives (TOR) of three to five hours for critical payment services and mandatory incident reporting within two to five hours. The resolution also updates the Regulation of Infractions and Sanctions by defining new grave and very grave infractions related to service interruptions, technology risk assessments, and data loss, while adjusting financial impact thresholds for existing violations. These measures apply to financial entities, electronic money issuers, and market-concentrated companies, with phased effective dates ranging from the day after publication to January 1, 2026.