Open Banking in Peru

Planned

Peru is in the early planning stages for an open banking framework under the SBS, evaluating regulatory approaches used in neighboring Latin American countries.

Key Facts

Approach

Regulated

Regulatory Body

Superintendencia de Banca, Seguros y AFP (SBS)

Topics

Open Banking

Data Scope

Banking data

Timeline

2023SBS begins evaluating open banking regulatory approaches; early stakeholder consultations

Open Finance in Peru

Peru is in the early planning stages for an open banking framework under the Superintendencia de Banca, Seguros y AFP (SBS). The regulator is evaluating approaches used by neighboring countries, particularly Brazil and Colombia, to inform its own framework. Peru's growing fintech sector and government digital transformation agenda support the case for open banking, though formal regulations have not yet been published.

More from Latin America

BrazilLive (Regulated)MexicoIn Progress ColombiaIn Progress ChileIn Progress ArgentinaIn Progress EcuadorPlanned

Related Resources

Open Banking in Latin America Compare Peru with other countries LATAM Open Banking Compliance

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