On 18 May 2024, Law No. 32032 was published. It amends Article 66, which regulates the guarantees of protection for public services users established in Law No. 29571 (Code of Consumer Protection and Defense), incorporating subparagraph 66.10. The purpose of Law No. 32032 is to facilitate and simplify the procedure through which consumers may request the temporary suspension, temporary cancellation or cancellation of water, electricity and other public services.
On 2 May 2024, the Draft Regulation of Law No. 31814, that promotes the use of artificial intelligence in favor of the economic and social development of the country, and which aims to establish the conditions that guarantee the development and responsible use of artificial intelligence (AI), was published for comments.
On 13 May 2023, Law No. 31740, which amends Law No. 30424 regulating the administrative liability of legal entities, was published in the Official Gazette, El Peruano.
On 7 June 2023, Law No. 31775 was published, amending the Criminal Code and the Law for the Repression of Anti-competitive Conduct.
The Superintendence of Banking, Insurance and Private Pension Fund Administrators (SBS) published SBS Resolution No. 00511-2023, which approves the procedure to carry out the prior control of concentration operations involving companies of the financial or insurance system, within the framework of Law No. 31112, the law that establishes the prior control of corporate concentration operations, and its regulations.
On 24 October 2022, the National Authority for the Protection of Personal Data approved a Guide to the International Transfer of Personal Data. According to articles 11 and 15 of Law No. 29733, Personal Data Protection Act, international transfer of personal data can only be carried out when a sufficient level of protection of personal data is guaranteed in the recipient country.
Law No. 31435 was published on 22 March 2022, amending the Consumer Protection and Defense Code which modifies the deadlines for handling consumer protection claims.
INDECOPI has established a criterion of interpretation regarding the prohibition of disseminating misleading advertising material referring to promotional prices or discounts, in accordance with the provisions of Legislative Decree No. 1044 (“Law on Repression of Unfair Competition”).
Law No. 31112 (“Law”), which establishes the prior control of corporate concentration operations and a regime of prior approval by INDECOPI of certain acts of corporate concentration, will enter into force on 14 June 2021