Banking Regulation 2025

PERU

Ecuador

Brazil

Peru

Law and Practice Contributed by: Andrés Kuan-Veng and Luis Ernesto Marín Rubio Leguía Normand

Lima

Bolivia

Contents 1. Legal Framework p.443 1.1 Key Laws and Regulations p.443 2. Authorisation p.444 2.1 Licences and Application Process p.444 3. Changes in Control p.445 3.1 Requirements for Acquiring or Increasing Control Over a Bank p.445 4. Governance p.446 4.1 Corporate Governance Requirements p.446 4.2 Registration and Oversight of Senior Management p.447 4.3 Remuneration Requirements p.448 5. AML/KYC p.448 5.1 AML and CFT Requirements p.448 6. Depositor Protection p.449 6.1 Deposit Guarantee Scheme (DGS) p.449 7. Prudential Regime p.450 7.1 Capital, Liquidity and Related Risk Control Requirements p.450 8. Insolvency, Recovery and Resolution p.451 8.1 Legal and Regulatory Framework p.451 9. ESG p.453 9.1 ESG Requirements p.453 10. DORA p.454

10.1 DORA Requirements p.454 11. Horizon Scanning p.455 11.1 Regulatory Developments p.455

441 CHAMBERS.COM

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