The Superintendencia de Banca, Seguros y AFP just regulated the Banking-as-a-Service model. Here's what it means for financial technology innovation and digital service delivery in Peru.
1️⃣ Securities and Exchange Commission — SEC Clears Further 2 Additional VASPs for Admission into the Accelerated Regulatory Incubation Programme (ARIP)
The regulator has officially authorized two additional Virtual Asset Service Providers to join its specialized regulatory incubation program designed to foster safe innovation.
This development impacts digital asset firms and tokenization startups looking to operate within a supervised sandbox environment to test their products.
Admitted firms must now strictly comply with the program's reporting requirements to progress toward full licensing and formal market entry in the future.
2️⃣ Superintendencia de Banca, Seguros y AFP — SBS regulates the BaaS model to allow financial entities to offer innovative digital products and services
New regulations establish a comprehensive framework for Banking-as-a-Service, formally permitting traditional financial institutions to provide core infrastructure to third-party providers.
The rules hit established banks, emerging fintech partners, and electronic money issuers seeking to scale digital payment solutions across the diverse Peruvian market.
Stakeholders should immediately evaluate their technical integration capabilities and anti-money laundering protocols to align with these newly enacted digital banking standards.
3️⃣ Guyana Geology and Mines Commission — Notice to Exporters of Geological Samples
The commission has issued a formal notification detailing the specific administrative and security requirements for exporting various geological materials from the country.
This update affects mining companies and geological research institutions involved in the extraction, handling, and international transport of mineral samples.
Operators must ensure all export documentation and mandatory dual-use control assessments are thoroughly completed and verified before the start of the next shipment cycle.
4️⃣ Autorité des marchés financiers — Coming into force of the recognition of the Chambre de l'assurance
The provincial regulator has formally recognized the Chambre de l'assurance through a press release, solidifying its professional role in the oversight of the insurance sector.
Licensed insurance agents and brokerage firms operating in Quebec are now subject to the updated jurisdictional authority and professional standards of this body.
Firms must update their internal compliance registers to reflect the new institutional recognition and any associated regulatory reporting lines moving forward.
5️⃣ Câmara dos Deputados — New Law Establishes World Day in Memory of Traffic Victims
The federal legislature has officially enacted a new law establishing a dedicated world day to honor the memory of traffic victims globally.
This development primarily impacts public health organizations, transport safety advocates, and governmental agencies responsible for road safety awareness and policy.
Following this enactment, various sectors are expected to integrate this observance into their annual safety programming and public awareness campaigns to improve outcomes.
Full analysis in the attached RegNext Daily Americas Radar carousel.
— Elena Navarro · Managing Editor, RegNext
Daily Americas Radar · Friday 03 Jul 2026
#USRegulation #LATAMRegulation #FinancialRegulation #ComplianceIntelligence
