Superintendencia de Banca, Seguros y AFP (SBS) del Peru

China-Peru knowledge exchange: Non-bank non-deposit taking FI regulation and supervision

This is part one of a two-part series on the recent knowledge exchange visit by representatives from the People’s Bank of China and the Legislative Office under the State Council of China to Peru and the United States in order to gain a better appreciation of the regulation and supervision of non-bank non-deposit taking financial institutions.

Peruvian Microfinance Industry

The Use of Financial Inclusion Data: Country Case Study of Peru

2014-03-12
Publisher: AFI
Language: en
Policy Initiatives: Measuring Financial Inclusion
Country: Peru
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The Use of Financial Inclusion Data: Country Case Study of Peru

Fine-Tuning Regulation Based on Access Indicators

Prepared by: Superintendencia de Banca, Seguros y AFP (SBS) of Peru and the Alliance for Financial Inclusion (AFI) Financial Inclusion Data Working Group (FIDWG) on behalf of the Data and Measurement sub-group of the Global Partnership for Financial Inclusion (GPFI).

The study describes the recent evolution of financial inclusion initiatives in the country. It highlights the development and use of core data indicators on access, usage quality and the influence of these on policy formulation. The introduction and results of banking agents are described, as well as the use of monitoring data that lead to the introduction of simplified accounts to increase usage after the banking agent innovation.

Introductory Note to Case Studies on the Use of Financial Inclusion Data

The GPFI has recognized the importance of reliable data on which to base informed financial inclusion policies and interventions since its inception. The Data and Measurement sub-group gave substance to this by providing a framework for data collection, encapsulated in the initial G20 Basic Set of financial inclusion indicators, subsequently expanded to the more holistic G20 Financial Inclusion Indicators. These indicators capture the financial inclusion dimensions of access, usage and quality of service provisioning, both for individuals and for small enterprises. Using existing data to populate the indicators has provided a solid basis for countries to assess the state of financial inclusion and focus national data collection efforts.

The objective of driving financial inclusion forward has resulted in a focus on financial inclusion targets, at both global and national levels. As indicators of financial inclusion are crucial to an informed approach to targets (and policy formulation in general), the Data and Measurement sub-group developed an approach to target setting based on financial inclusion archetypes and a note on global and national targets and what each of these should focus on. During this work it became apparent that there is neither a single approach to policy formulation and target setting that is applicable to all countries nor an ideal model that all countries can benchmark themselves against and set policies and targets accordingly. Each country is unique, with a specific set of circumstances, priorities and capabilities to deal with in the national policy framework of the country. The golden thread linking successful policy interventions would appear to be the use of the indicators, supplemented with relevant data on specific issues or areas of focus, informing financial inclusion policy makers on actions, policies and targets.

Click here to access the entire Introductory Note

Peru leads the way to new approach for digital financial services to promote financial inclusion in Latin America

“Not since the invention of paper money has anything as important happened as the invention of payments with cellular phones. It’s extraordinarily powerful particularly in places where the geography is difficult. Bad roads and bad communications but the cell phone gets through. That’s massive.” – Daniel Schydlowsky, Superintendent of SBS Peru

Superintendencia de Banca, Seguros y AFP (SBS) del Peru and AFI to co-host CEMC meeting in Lima

The Superintendencia de Banca, Seguros y AFP (SBS) del Peru and the Alliance for Financial Inclusion (AFI) will co-host the Consumer Empowerment and Market Conduct (CEMC) Working Group meeting at the Sonesta Hotel El Olivar in Lima, Peru on 19-21 March 2013.

More than 30 AFI member institutions are scheduled to attend the three-day working group meeting. The official opening speech will be delivered by SBS Peru Superintendent and AFI Steering Committee member Daniel Schydlowsky.

Dinero Electronico - Caso Peruano

2013-03-05
Publisher: Members
Publishing Type: Presentations & Speeches
Language: es
Policy Initiatives: Digital Financial Services
Country: Peru
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Peru country case presentation "Dinero Electronico" at the “Smart policies for mobile finance in the Americas: The next financial inclusion breakthrough?” conference held 21-22 February 2013 in Cartagena, Colombia.

SBS achieves key Maya Declaration Commitment with approval of new e-money regulation in Peru

The Congress of the Republic of Peru recently approved a bill to regulate the emission of electronic money and its issuers, and to establish the legal and supervisory framework for companies to issue e-money under the supervision of the Superintendencia de Banca, Seguros y AFP (SBS) del Peru. Legislators voted 95-0 in favor of the new regulations with only two abstentions.

10 AFI members attend GPFI Conference on SSBs and Financial Inclusion

The Alliance for Financial Inclusion (AFI) had 10 member institutions represented at the G20 Global Partnership for Financial Inclusion (GPFI) Conference on Standard-Setting Bodies (SSBs) and Financial Inclusion themed "Promoting Financial Inclusion Through Proportionate Standards and Guidance" hosted by the Financial Stability Unit of the Bank for International Settlements in Basel, Switzerland, on 29 October 2012. 

Consumer protection: Actions taking by the SBS by Giovanna Prialé, SBS

2010-10-06
Publisher: AFI
Publishing Type: Presentations & Speeches
Language: en
Country: Peru
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Consumer Protection Actions taken by the SBS

Regulation
Supervision
Transparency and consumer guidence
Financial Education

Assessment of AML CFT v4

2011-06-02
Publisher: AFI
Publishing Type: Presentations & Speeches
Language: en
Country: Peru
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Assessment of AML/CFT regulation in the particular context of financial inclusion.

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