SBSPERU Seeks Public Input on Open Finance Regulations

The Superintendencia de Banca, Seguros y AFP (SBSPERU) has launched a public consultation on the first four titles of the Reglamento General del Sistema de Finanzas Abiertas (SFA). This initiative invites feedback from market participants and the public to shape the framework for implementing the SFA, which outlines roles, responsibilities, and user consent processes.

The proposal is a significant step toward establishing a structured approach for open finance in Peru. The consultation period is open until October 23, 2026, providing stakeholders with a limited window to submit their input. The regulations aim to define the scope of the SFA and clarify the responsibilities of participants within the system.

As the crypto market continues to display mixed signals, regulatory clarity is becoming increasingly important. The public consultation could influence future market sentiment, particularly as firms and investors assess the implications of the proposed regulations. The final rules will shape how crypto companies operate within Peru’s evolving financial landscape.

SBSPERU, the regulatory body overseeing banking, insurance, and pension funds in Peru, is responsible for implementing financial regulations, including those related to emerging technologies like cryptocurrency. The open consultation ensures that the final regulations reflect the needs and concerns of all stakeholders involved.