Regulatory Alerts2026-07-02 | Resolución SBS 01741-2026Added · Updated
SBS Resolution No. 01741-2026: Amending Market Conduct and Commissions Regulations
The Superintendence of Banking, Insurance and Private Pension Fund Administrators (SBS) amends the Regulation on Market Conduct Management and the Regulation on Commissions and Expenses of the Financial System. The resolution mandates that financial companies provide personal attention alternatives, issue free debt regularization certificates within seven business days, and communicate significant cybersecurity or business continuity incidents to users within twenty-four hours via mass media or ten business days via direct communication. It also prohibits charges for payments made through own channels, requires disclosure of commissions by third-party payment receivers, and updates rules on product simulation, contracting transparency, and ATM fee disclosures.