Technical assistance on the application of risk-based pension fund supervision by the Superintendencia de Banca, Seguros y AFP (SBS) of Peru

This document is the eleventh of the PLAC Network Technical Assistance Document Series and is entitled “Technical assistance on the application of risk-based pension fund supervision by the Superintendencia de Banca, Seguros y AFP (SBS) of Peru”. It sets out the conclusions and recommendations arising from an evaluation of the implementation by SBS of risk-based supervision of pensions in February 2018. It builds on an initial evaluation undertaken on materials sent in advance. SBS is an integrated supervisor and regulator of financial services institutions in Peru, and the subject of this review was the Deputy Superintendence for the Supervision of Pension Fund Management Companies.