Regulatory Alerts2026-08-03 | Resolución SBS 1960-2026Added
SBS Resolution No. 1960-2026: Amend the Rules for Coverage, Resources and Payment of Covered Deposits of the Deposit Insurance Fund
The Superintendence of Banking, Insurance and Private Pension Fund Administrators (SBS) amends the rules for the Deposit Insurance Fund to establish a target reserve ratio between 8% and 10%, reviewed every four years. The resolution introduces a new premium calculation mechanism that applies multipliers of 80% or 60% to standard rates based on the fund's reserve ratio trends relative to the target band. These changes apply to all member companies of the Deposit Insurance Fund, with the new premium rules taking effect in the quarter following the resolution's publication.
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