Peru boosts AML controls in online betting
The Peruvian government has implemented a new regulatory framework that strengthens financial controls over online betting platforms, raising compliance standards to levels comparable to those of the banking system. The measure, driven by the Superintendence of Banking, Insurance and AFP (SBS) and MINCETUR, requires licensed operators to report transactions exceeding USD 2,500 and to establish structures for the prevention of money laundering and terrorist financing (AML/CFT).
Peru is making steady progress in consolidating its online gambling regulation. Through a joint resolution between the Ministry of Foreign Trade and Tourism (MINCETUR) and the Superintendence of Banking, Insurance and AFP (SBS), the country introduced a new anti-money laundering control regime that will apply to all licensed online betting and casino platforms with local licenses.
According to the analysis by Apuesta Legal Perú, the regulation stipulates that any operation, deposit, or prize exceeding USD 2,500 (approximately PEN 8,900) must be mandatorily reported to the Financial Intelligence Unit (UIF-Peru). The measure aims to strengthen mechanisms for traceability and capital control in a market currently undergoing expansion and regulatory maturation.
New obligations for operators
The regulatory framework, which will come into effect in February 2026, establishes a series of specific obligations for operators licensed by MINCETUR, including:
- Implementing a comprehensive Anti-Money Laundering and Counter-Terrorism Financing (AML/CFT) system, equivalent to that required of banks and financial institutions.
- Appointing a Compliance Officer responsible for reports to the UIF-Peru.
- Reporting suspicious operations within a maximum period of 24 hours.
- Maintaining operational records for a minimum of five years, ensuring transaction traceability.
- Periodically training staff in prevention, monitoring, and detection of illicit operations.
Companies will have 120 days to adapt their procedures and internal systems to the new provisions, a process that will require investments in technology, cybersecurity, and compliance.
A new standard for regulated gaming in Latin America
According to Apuesta Legal, this policy “raises Peru’s regulatory standard to levels comparable with international financial systems,” consolidating the country as a regional benchmark in operational integrity and player security.
The strengthening of anti-money laundering controls adds to the advances of the Peruvian legal framework since the enactment of Law No. 31557 and its 2024 regulation, which for the first time established official licenses, clear technical and tax requirements for iGaming.
Experts from the Peruvian Sports Betting Association (APADELA) and the Peruvian Chamber of Electronic Commerce (CAPECE) highlighted that the implementation of the new regulation “will improve transparency and consumer trust,” while facilitating international cooperation in the fight against money laundering.
A key step for market maturity
With this measure, Peru consolidates itself as one of the most advanced markets in Latin America regarding online gambling regulation, alongside Colombia and Mexico, which already apply similar compliance policies.
The new transaction reporting and supervision system places the country at the forefront of financial compliance in iGaming, aligning the industry with the standards of the Financial Action Task Force of Latin America (GAFILAT) and strengthening its reputation with international investors.
Tags: Peru, Peru betting regulation, regulation of money laundering in betting, GAFILAT