SBSPerú Proposes New Regulation to Combat Money Laundering

The Superintendencia de Banca, Seguros y AFP (SBSPerú) has published a draft regulation aimed at enhancing the prevention of money laundering and financing of terrorism (LA/FT). This regulation specifically targets businesses involved with chemical inputs and controlled goods, reinforcing mechanisms to prevent misuse associated with illegal mining and drug trafficking. Stakeholders can submit comments on the draft until September 12, 2026, highlighting the collaborative nature of this regulatory effort. For more details, see the official announcement here.

Breaking It Down

SBSPerú’s latest regulatory initiative comes amid ongoing concerns about financial crimes in various sectors. The draft regulation seeks to strengthen existing frameworks, ensuring businesses handling sensitive materials implement robust anti-money laundering practices. By focusing on companies linked to chemical inputs, the regulation aims to mitigate risks associated with illegal mining activities and drug trafficking. This proactive measure could lead to heightened scrutiny and compliance requirements for affected businesses.

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