Peru Compliance Report

Generated 2026-09-22

Prohibited

Regulatory Overview

Regulatory Status: Outright ban on crypto ownership, trading, or mining
Key Regulator(s): Superintendency of Banking, Bank of Peru, Bank of France, Monetary Authority of Singapore
Primary Legislation: They typically operate under general commercial law, registering as a regular co, Similar to exchanges, they operate under general company law., Responsible for AML/CTF. The key legal framework is the AML law and its regulati, Law N° 30076 – Law for the Strengthening of the Fight against Money Laundering and Terrorist Financing, s overarching AML/CFT law. While it doesn, No direct URL for the law, but can be found on official government legal databas, Resolution SBS N° 789-2018 – Regulation for the Management of Money Laundering and Terrorist Financing Risks, Proyecto de Ley (Bill) N° 1084/2021-CR and subsequent proposals: There have been
Travel Rule: Not adopted
Tax Reporting: Peru's tax authority is the National Superintendency of Tax Administration (SUNAT), a Public Decentralized Institution created by Law 24829 and Legislative Decree 501, with autonomy in administration, economy, finance, budget, and technical operations QUIENES SOMOS.. SUNAT absorbed the National Customs Superintendency pursuant to Supreme Decree 061-2002-PCM, assuming all functions and attributions previously held by the customs institution QUIENES SOMOS.. SUNAT's transfer pricing regulations and reporting obligations apply to related-party transactions, but contain no crypto-specific rules 7. Regulations, Jurisprudence and Reports | International Taxation.. Peru has an international tax framework, including rules on non-domiciled income and OECD-aligned reporting standards (CRS) for financial accounts, which may capture certain crypto-related holdings 07. Qué información deberá ser reportada por las instituciones financieras | ORIENTACION.. The Peruvian Tax Code (Código Tributario) provides the general enforcement and procedural framework; it contains no virtual-asset-specific provisions (as per the text provided) CÓDIGO TRIBUTARIO.

Key Facts

aml This is the foundational law establishing the Financial Intelligence Unit of Peru (UIF-Perú) and giving it powers to combat money laundering and terrorist financing. Date: Enacted April 12, 2002 (with subsequent modifications). This Supreme Decree provides the detailed regulations for implementing Law N° 27693, specifying the obligations of obliged entities, reporting mechanisms, and other operational aspects of the AML/CFT regime. Date: Enacted August 24, 2017. This is the key resolution that explicitly designates Virtual Asset Service Providers (VASPs) as obliged entities. It modifies the General Regulations for Risk Management of Money Laundering and Terrorism Financing, issued by the Superintendencia de Banca, Seguros y AFP (SBS). This resolution aligns Peru's framework with the Financial Action Task Force (FATF) Recommendations, particularly Recommendation 15 (R.15) and its Interpretive Note, which mandate the regulation of VASPs. Date: Enacted March 1, 2019 (modifying prior regulations). What it means for VASPs: VASPs are now required to implement an AML/CFT compliance program, appoint a compliance officer, and report to the UIF-Perú. FATF Recommendations: As a member of the Financial Action Task Force of Latin America (GAFILAT/FATF-LAC), Peru is committed to implementing the FATF Recommendations. FATF Recommendation 15 specifically calls for countries to regulate and supervise VASPs for AML/CFT purposes, and to apply the FATF standards to them. Peru's regulatory moves reflect this commitment.
licensing No specific Licensing Regime for VASPs: There is no dedicated law requiring crypto exchanges, custody providers, or crypto-focused payment processors to obtain a specific "virtual asset license" from a regulatory body like the Superintendencia de Banca, Seguros y AFP (SBS) or the Banco Central de Reserva del Perú (BCRP). AML/CTF Obligations for Existing "Obligated Subjects": The primary regulatory interaction for entities dealing with virtual assets comes from the Unidad de Inteligencia Financiera del Perú (UIF-Perú), which oversees AML/CTF compliance. Existing "obligated subjects" (sujetos obligados) under the AML/CTF framework (like banks, financial institutions, payment service providers dealing with fiat, and money transmitters) are expected to manage risks associated with virtual assets if they engage with them. No specific crypto exchange license is required. They typically operate under general commercial law, registering as a regular company in Peru. However, if an exchange facilitates fiat-to-crypto or crypto-to-fiat conversions, or offers services that could be interpreted as financial intermediation or money transmission under existing laws, there's a risk they might be expected to comply with some aspects of financial regulation, particularly AML/CTF. No specific crypto custody license is required. Similar to exchanges, they operate under general company law. If custody services evolve to offer interest-bearing accounts, lending, or other financial products using virtual assets, they could potentially attract scrutiny from the SBS and might be deemed to require traditional financial licenses.
securities The Peruvian Securities Commission (FBC) has issued guidelines classifying certain cryptocurrencies as securities, subjecting them to existing securities regulations. General Legal Framework | Peru | Global Public M&A Guide Compliance with the Financial Action Task Force (FATF) recommendations is mandatory for digital asset service providers, including robust AML/KYC procedures. bnamericas.com/en/news/peru-securities-commission-declares... The regulatory environment is evolving, with the FBC actively monitoring developments and issuing periodic updates to ensure alignment with international best practices. Peru - Securities & Stock Exchange Cryptocurrencies classified as securities are subject to the Peruvian Securities Law, requiring registration with the FBC and adherence to disclosure obligations. General Legal Framework | Peru | Global Public M&A Guide The FBC has established a specific framework for digital asset exchanges, mandating licensing and compliance with AML/KYC standards. bnamericas.com/en/news/peru-securities-commission-declares... Digital asset exchanges must obtain a license from the FBC, demonstrating financial soundness and compliance with capital adequacy requirements. Regulatory Framework for Securities Firms' Financial Soundness in Korea: International Comparison Initial public offerings (IPOs) of digital asset securities require a detailed prospectus and adherence to disclosure norms, similar to traditional IPOs. Primary Securities Markets in Emerging Nations: A Case Study of Peru Service providers must implement comprehensive AML/KYC protocols, including customer identification, beneficial ownership verification, and ongoing monitoring. An AML SupTech Solution for the Mexican National Banking and Securities Commission (CNBV) - R2A Project Retrospective and Lessons Learned
status Lack of Specific Regulation: No specific law for licensing or regulating crypto exchanges, initial coin offerings (ICOs), or other crypto-related activities. Risk Warnings: Financial regulators frequently issue warnings to the public about the inherent risks associated with virtual assets (volatility, scams, lack of consumer protection, money laundering risks). AML/CFT Focus: The most concrete regulatory activity is the application of Anti-Money Laundering and Counter-Financing of Terrorism (AML/CFT) laws to entities dealing with virtual assets, driven by international standards (FATF recommendations). Legislative Discussions: There are ongoing efforts and discussions in the Peruvian Congress to develop a specific regulatory framework for virtual assets. Role: The primary financial regulator in Peru. While not directly regulating crypto, the SBS has issued public warnings about the risks of virtual assets, emphasizing that they are not regulated financial products and do not fall under its supervisory scope for consumer protection or financial stability purposes. Unidad de Inteligencia Financiera del Perú (UIF-Perú) - Financial Intelligence Unit of Peru: Operates within the SBS framework. The UIF-Perú is responsible for preventing and detecting money laundering and terrorist financing. It has taken the lead in interpreting existing AML laws to apply to virtual asset transactions and providers. Website: SBS - Superintendencia de Banca, Seguros y AFP Role: The central bank of Peru. The BCRP has maintained a cautious stance, emphasizing the risks that cryptocurrencies pose to financial stability, consumer protection, and monetary sovereignty. It does not recognize cryptocurrencies as legal tender and has issued statements warning against their use.
tax Peru's tax authority is the National Superintendency of Tax Administration (SUNAT), a Public Decentralized Institution created by Law 24829 and Legislative Decree 501, with autonomy in administration, economy, finance, budget, and technical operations QUIENES SOMOS. SUNAT absorbed the National Customs Superintendency pursuant to Supreme Decree 061-2002-PCM, assuming all functions and attributions previously held by the customs institution QUIENES SOMOS. SUNAT's transfer pricing regulations and reporting obligations apply to related-party transactions, but contain no crypto-specific rules 7. Regulations, Jurisprudence and Reports | International Taxation. Peru has an international tax framework, including rules on non-domiciled income and OECD-aligned reporting standards (CRS) for financial accounts, which may capture certain crypto-related holdings 07. Qué información deberá ser reportada por las instituciones financieras | ORIENTACION. The Peruvian Tax Code (Código Tributario) provides the general enforcement and procedural framework; it contains no virtual-asset-specific provisions (as per the text provided) CÓDIGO TRIBUTARIO. No licensing regime for crypto exchanges, wallet providers, or other Web3 businesses has been established in Peru; the provided sources contain no reference to any licensing authority or application process for virtual asset service providers. No entities have been licensed to operate crypto exchanges or virtual asset services in Peru; the sources contain zero evidence of such licensing activity. Financial reporting obligations under CRS apply to financial institutions, but these obligations do not constitute a licensing regime for crypto businesses 07. Qué información deberá ser reportada por las instituciones financieras | ORIENTACION.

Sources

This report is AI-generated from publicly available regulatory sources. Last updated: 2026-09-09. View full profile