SBS Resolution No. 03622-2025: Approval of the Anti-Money Laundering and Counter-Terrorist Financing Standard for Legal Entities Operating Distance Games and/or Distance Sports Betting under MINCETUR Supervision

Los Laureles Nº 214 - Lima 27 - Peru Tel. : (511)6309000 Lima, October 07, 2025 SBS Resolution No. 03622-2025 The Superintendent of Banks, Insurance and Private Pension Fund Administrators CONSIDERING:
That, Article 3 of Law No. 27693, which creates the Financial Intelligence Unit - Peru (UIF-Peru), provides that it is the function and authority of the Superintendent of Banks, Insurance and Private Pension Fund Administrators (hereinafter, the Superintendency), through UIF-Peru, to coordinate with the supervisory bodies of obligated subjects, regulate the general and specific guidelines, requirements, clarifications, sanctions, and other aspects related to the anti-money laundering (AML) and counter-terrorist financing (CFT) systems of obligated subjects reporting on suspicious operations and operation records, as well as to issue models of codes of conduct, manuals for the prevention of money laundering and terrorist financing, operation record formats, among others, in accordance with the provisions of said law and its regulations; That, Article 3 of Law No. 29038, which incorporates the Financial Intelligence Unit of Peru (UIF-Peru) into the Superintendent of Banks, Insurance and Private Pension Fund Administrators, identifies natural and legal persons considered obligated subjects to report to UIF-Peru, including those engaged in the operation of distance games and distance sports betting using the internet or any other communication medium, according to the relevant regulations, who are under the supervision of the Ministry of Foreign Trade and Tourism - MINCETUR regarding AML/CFT prevention, as established in Article 9-A.12 of Law No. 27693; That, Law No. 31557, which regulates the operation of distance games and distance sports betting, aims to prevent the exploitation of distance games and distance sports betting from being used for crimes related to money laundering and terrorist financing or for fraud, cybercrimes, and any other illicit purpose; and identifies MINCETUR as the national administrative authority that regulates, authorizes, revokes, audits, and sanctions the operation of distance games and distance sports betting; That, through SBS Resolution No. 2794-2019, provisions were established for the submission of Semiannual Reports from the Compliance Officer (ISOC) and Annual Report from the Compliance Officer (IAOC) to UIF-Peru, by certain obligated subjects, including those operating distance games and distance sports betting; That, in this context, it is necessary to approve the standard for the prevention of money laundering and terrorist financing applicable to legal entities engaged in operating technological platforms for distance games and/or distance sports betting, as well as the operation of physical rooms for distance sports betting, with the aim of assisting them in implementing their AML/CFT systems, establishing their obligations in accordance with Law No. 27693 and its regulations approved by Supreme Decree No. 020-2017-JUS, and considering international AML/CFT standards and best practices to combat money laundering and terrorist financing; That, in accordance with the functional autonomy granted by Article 346
of the General Law of the Financial System and Insurance System and Organic Law of the Superintendency of Banks and Insurance - Law No. 26702 and its amendments, and Article 44 of the Single Text of General Administrative Procedures - TUO approved by Supreme Decree No. 004-2019-JUS and its amendments, the Superintendency is authorized to approve modifications to the institutional Single Text of Administrative Procedures - TUPA, and in this regard, it is necessary to modify procedures No. 142 and 213 of the TUPA to adapt them to the normative framework approved in Article One of this Resolution; That, for the purpose of gathering public opinions on the proposal, through SBS Resolution No. 00946-2025, it was decided to publish the draft standard on this Superintendency's digital platform, under Article 32 Final and Complementary Provision of the General Law of the Financial System and Insurance System and Organic Law of the Superintendency of Banks and Insurance - Law No. 26702 and its modifying norms, as well as Supreme Decree No. 009-2024-JUS; Having received the approval of the Adjunct Superintendencies for Regulation and Legal Affairs and UIF-Peru; and, In exercise of the powers conferred by Law No. 29038 and Law No. 26702, in conjunction with Law No. 27693 and its modifying and regulatory norms; RESOLVES:
Article One.- Approve the Standard for the Prevention of Money Laundering and Counter-Terrorist Financing, applicable to legal entities operating distance games and/or distance sports betting, under the supervision of the Ministry of Foreign Trade and Tourism - MINCETUR, regarding AML/CFT prevention, with the following text:

STANDARD FOR THE PREVENTION OF MONEY LAUNDERING AND COUNTER-TERRORIST FINANCING, APPLICABLE TO LEGAL ENTITIES OPERATING DISTANCE GAMES AND/OR DISTANCE SPORTS BETTING UNDER THE SUPERVISION OF THE MINISTRY OF FOREIGN TRADE AND TOURISM - MINCETUR, REGARDING AML/CFT PREVENTION

TITLE I
ON THE ANTI-MONEY LAUNDERING AND COUNTER-TERRORIST FINANCING SYSTEM

CHAPTER I
GENERAL PROVISIONS

Article 1.- Scope of Application
This standard is applicable nationwide to legal entities incorporated in Peru according to the General Corporations Law, as well as to branches established and registered in Peru by legal entities incorporated abroad, that hold a valid authorization granted by the Ministry of Foreign Trade and Tourism - MINCETUR for operating technological platforms for distance games and/or distance sports betting, as well as for operating physical rooms for distance sports betting, using the internet or any other communication medium.

Article 2.- Scope
2.1 It corresponds to MINCETUR, through the General Directorate of Casino and Slot Machines (DGJCMT) of the Vice Ministry of Tourism, as the supervisory body regarding AML/CFT prevention, to verify compliance with the Law, the UIF Law Regulations, this standard, and other provisions on AML/CFT prevention and detection, as well to sanction non-compliance according to the corresponding regulations on infractions and sanctions.
2.2 In case an obligated subject registered with UIF-Peru loses said status: i) because it no longer holds a valid MINCETUR authorization to exercise the activity, or ii) due to a regulatory modification, it must communicate this through a request with the status of a sworn declaration to UIF-Peru via the SISDEL platform (plaft.sbs.gob.pe/sisdel) or another electronic medium determined by the SBS, attaching the information and documentation supporting the request, within a period not exceeding thirty (30) days from the occurrence of the event or publication of the regulatory modification.
Within fifteen (15) days following receipt of said request, UIF-Peru verifies the loss of status, coordinating with MINCETUR if applicable, after which UIF-Peru proceeds to communicate to the requesting obligated subject and the supervisory body that it has cancelled the secret codes assigned to the obligated subject and the compliance officer; the obligated subject must proceed to deliver the information subject to retention referred to in Article 31 of this standard, to UIF-Peru and the supervisory body, as applicable, within a period not exceeding thirty (30) days of receiving the communication.

Article 3.- Definitions and Abbreviations
For the application of this standard, the obligated subject considers the following definitions and abbreviations:

1. Bet: The action of risking a certain sum of money on the occurrence of an uncertain result related to distance games or distance sports betting.
2. Distance Sports Betting: A distance game, characterized by its randomness, developed online on technological platforms where a bet is placed on the outcome of a sporting event or any other fact or circumstance that may occur in said sporting event.
3. Beneficiary: The natural person, legal entity, or juridical body in whose favor the operation is carried out.
4. Beneficial Owner: A natural person included within the scope of Article 3, paragraph 3.1, letter a) of Legislative Decree No. 1372, which regulates the obligation of legal entities and/or juridical bodies to report the identification of Beneficial Owners, and its amendments.
5. Client: For the purposes of this standard, is the player, an adult natural person, Peruvian or foreign nationality, to whom the technological platform for Distance Games and Distance Sports Betting operated by a holder authorized by MINCETUR has accepted one or more payment methods for the bet, such as transfer, deposit, credit card, among other payment means, and provided that they carry out the operations subject to the Operation Record (RO) referred to in authorized distance games registered with MINCETUR and/or distance sports betting of sporting events that are part of a national or international sports federation or league, authorized for operation by MINCETUR. The Law, the UIF Law Regulations, and this standard are applicable to all clients of the obligated subject.
6. Code: Code of conduct for AML/CFT prevention.
7. Days: Calendar days.
8. DGJCMT: General Directorate of Casino and Slot Machines of the Vice Ministry of Tourism of MINCETUR.
9. Identity Document: National identity document for Peruvians, and the foreigner's ID card, passport, or document legally established by the competent authority for identifying foreigners, as applicable.
10. Juridical Bodies: Are i) autonomous patrimonomies managed by third parties that lack legal personality, or ii) contracts in which two or more persons, temporarily associated, have a common right or interest to carry out a specific activity, without constituting a legal entity. Investment funds, mutual investment funds in securities, fiduciary trusts, and consortia are considered within this category.
11. Counter-Terrorist Financing (CFT): The crime typified in Article 4-A of Legislative Decree No. 25475, which establishes the penalty for terrorism crimes and procedures for investigation, instruction, and trial, and its modifying norms; as well as in Article 297, last paragraph, of the Penal Code and its amendments.
12. FP: Financing for Proliferation of Weapons of Mass Destruction.
13. Economic Group: A set of two or more legal entities, national or foreign, in which one exercises control over the others, or when control over the legal entities corresponds to one or more natural persons acting as a decision-making unit.
14. Distance Games: Games of chance at a distance that may include skill or ability components involving bets other than distance sports betting and developed on technological platforms using electronic, telematic, computerized, or interactive means, transmitted through open or restricted communication networks such as television, internet, fixed or mobile telephony.
15. Game of Chance: A game whose result does not depend on the player's will or skill but on unpredictable factors.
16. AML/CFT: Money Laundering and Counter-Terrorist Financing.
17. Money Laundering (ML): The crime typified in Legislative Decree No. 1106, Law for the Effective Fight against Money Laundering and Other Crimes Related to Illegal Mining and Organized Crime, and its modifying and complementary norms.
18. Law: Law No. 27693, which creates the Financial Intelligence Unit of Peru, UIF-Peru, and its modifying and complementary norms.
19. GCL: General Corporations Law, Law No. 26887, and its modifying and complementary norms.
20. Manual: Manual for the prevention and management of AML/CFT and FP risks.
21. MIN