SBS Resolution No. 1122-2006 on Regulations for the Expansion of Operations

Peru

(enacted in 2006)

SBS Resolution No. 1122-2006 on Regulations for the Expansion of Operations, issued by the Superintendency of Banking and Insurance, regulates the means by which certain types of non-bank financial institutions – including finance companies, rural savings and credit companies, municipal savings and credit companies, and entities for the development of small and microenterprises – may receive permission to expand their operations in Peru.

The resolution is organized as follows: 

  • Chapter I Overview; 
  • Chapter II Transactions Described in the Modular Scheme; 
  • Chapter III Authorization Procedure; 
  • Chapter IV Operations Not Defined Within the Modular Scheme; and 
  • Chapter V Final Provisions.