Banking Regulation 2025

PERU Trends and Developments

Trends and Developments Contributed by: Andrés Kuan-Veng and Luis Ernesto Marín Rubio Leguía Normand Rubio Leguía Normand is a leading Peruvian law firm with a team of over 70 lawyers, with presence in three different offices across Peru, located in Lima (principal office) and Cajamar - ca. The firm has more than 40 years’ experience advising national and international companies in practice areas such as banking and finance, capital markets, corporate law, M&A, project fi - nance, real estate, labour and employment, tax, mining, environment and dispute resolutions. The 2023 “PEN Deal of the Year”, granted by Authors Andrés Kuan-Veng heads the finance and corporate practice at Rubio Leguía Normand, specialising in capital markets, sovereign debt, corporate law, securities, M&A and banking law, among others. With more than 20 years of experience, he has participated in public and private securities issuances in the international market (including IPOs and issues under Regulation S and Rule 144-A), acquisition of companies (including listed companies through public tender offers), financing of projects with special concentration in energy sectors and infrastructure (health, ports and roads), asset- backed financing (including securitisations), and banking regulation.

Bonds, Loans & ESG Capital Markets – Latin America & Caribbean, was recently awarded to its clients Citi, JP Morgan, Santander and HSBC for the “New Issue and Exchange and Tender Offer Targeting Soberanos1 with maturi - ties in 2023, 2024, 2026 and 2028; and a cash tender offer targeting Global Bonds with maturi - ties 2025, 2026, 2027, 2030 and 2031” transac - tion in which Rubio Leguía Normand acted as adviser.

Luis Ernesto Marín is a partner in the finance and corporate practice at Rubio Leguía Normand, specialising in financial services regulation, corporate finance, derivatives

and insurance. With over 15 years of experience, he advises financial institutions and insurance companies, both local and international, on regulatory matters and a wide range of corporate finance transactions. His expertise includes establishing financial and insurance companies, mergers and acquisitions, regulatory compliance and administrative proceedings. Recognised as a Band 1 Fintech leader by Chambers & Partners, Luis Ernesto combines deep knowledge of Peru’s financial regulations with cutting-edge technological insights in the financial services industry.

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