Lima — The Superintendence of Banking, Insurance and Private Pension Funds (SBS) has approved a landmark regulation to prevent money laundering and terrorist financing in Peru’s fast-growing online betting sector. The measure, enacted through Resolution SBS No. 03622-2025, introduces a mandatory compliance framework for all licensed remote gaming and sports betting operators.
The regulation requires companies authorized by the Ministry of Foreign Trade and Tourism (MINCETUR) to establish a Comprehensive Anti-Money Laundering and Counter-Terrorist Financing System (SPLAFT). This includes policies for risk management, customer due diligence, transaction monitoring, staff training, internal audits, and confidential reporting to the Financial Intelligence Unit (UIF-Peru).
Operators must now report transactions equal to or exceeding US $2,500, as well as any activity involving politically exposed persons (PEPs). Failure to comply may result in administrative, civil, or even criminal penalties. The rule grants a 120-day transition period for operators to align their systems with the new requirements.
According to the SBS, the goal is to strengthen transparency in an industry that has seen rapid expansion since Peru regulated online gambling in 2023. The online betting market — estimated at US $1.4 billion annually — has attracted both domestic and international operators, making effective oversight a national priority.
The SBS emphasized that all reports and customer information must remain strictly confidential and accessible only to competent authorities. The General Directorate of Casinos and Slot Machines (DGJCMT), under MINCETUR, will oversee enforcement and ensure coordination between regulators and operators.
Experts view the measure as a critical step toward aligning Peru with global AML standards set by the Financial Action Task Force (FATF). As the region’s gaming sector modernizes, Peru’s new framework could become a model for Latin America — blending innovation with accountability to ensure the digital gaming industry grows responsibly.
