Imponen a la Asociación Fondo Contra Accidentes de Tránsito Región Tacna, “AFOCAT REGIÓN TACNA”, la sanción de Cancelación del Registro N° 0052-R AFOCAT–DGTT–MTC/2008 en el Registro AFOCAT a cargo de la Superintendencia, otorgado a través de la Resolución SBS N° 14241-2009

The entity submitted defences citing information submissions to the SEI system and notary documentation, but the registry cancellation stands. For compliance teams, this highlights the SBS's willingness to impose severe sanctions for breaches of AFOCAT registration conditions and reporting duties. The action removes the entity's ability to operate within the AFOCAT framework, potentially disrupting compulsory traffic accident coverage for policyholders.

Firms operating in Peru or exposed to AFOCAT counterparties should immediately verify licence status, review claims payment capacity, and ensure all regulatory reporting is timely and complete. Key actions: confirm registration validity, audit SEI submissions, strengthen governance around claims indemnification, and seek local legal advice if facing similar proceedings. Risks include loss of authorisation, reputational damage, and policyholder claims disruption.

Opportunities exist for compliant insurers and AFOCATs to capture market share, and for RegTech providers to support regulatory reporting. UK and global financial services firms should treat this as a reminder of extraterritorial supervisory enforcement where they have Peru-related activities.