{"id":989170,"date":"2024-06-28T00:00:00","date_gmt":"2024-06-28T05:00:00","guid":{"rendered":"https:\/\/cgestiona.com\/?p=989170"},"modified":"2026-05-15T00:21:29","modified_gmt":"2026-05-15T05:21:29","slug":"adios-a-la-libor-el-peru-se-prepara-para-el-cambio-en-las-tasas-de-referencia","status":"publish","type":"post","link":"https:\/\/cgestiona.com\/en\/adios-a-la-libor-el-peru-se-prepara-para-el-cambio-en-las-tasas-de-referencia\/","title":{"rendered":"Adi\u00f3s a la LIBOR: El Per\u00fa se prepara para el cambio en las tasas de referencia"},"content":{"rendered":"<div class=\"vgblk-rw-wrapper limit-wrapper\">\n<p>En Per\u00fa, la SBS monitorea la transici\u00f3n hacia nuevas tasas de referencia para asegurar la estabilidad financiera.<\/p>\n<p>El 30 de junio de 2023 marc\u00f3 un hito en la historia financiera global: la tasa LIBOR, utilizada como referencia en contratos por valor de billones de d\u00f3lares, dej\u00f3 de publicarse en su forma actual. Esta decisi\u00f3n, impulsada por el Financial Stability Board (FSB) y autoridades regulatorias alrededor del mundo, busca fortalecer la transparencia y confiabilidad del sistema financiero internacional.<\/p>\n<h3>Un legado de vulnerabilidades<\/h3>\n<p>La LIBOR (London InterBank Offered Rate) se estableci\u00f3 en la d\u00e9cada de 1980 como un indicador del costo al que los bancos se prestan dinero entre s\u00ed. Sin embargo, en 2014, un esc\u00e1ndalo revel\u00f3 que la tasa hab\u00eda sido manipulada por algunas entidades financieras, lo que puso en tela de juicio su integridad y confiabilidad.<\/p>\n<h3>En busca de alternativas m\u00e1s s\u00f3lidas<\/h3>\n<p>En respuesta a esta crisis de confianza, el FSB y los reguladores financieros de diversos pa\u00edses, incluyendo el Per\u00fa, emprendieron un esfuerzo conjunto para identificar y desarrollar tasas de referencia alternativas (ARR) m\u00e1s robustas y transparentes. Estas nuevas tasas se basan en transacciones reales de mercado, lo que las hace menos susceptibles a la manipulaci\u00f3n.<\/p>\n<h3>El escenario peruano: desaf\u00edos y oportunidades<\/h3>\n<p>En el Per\u00fa, la Superintendencia de Banca, Seguros y AFP (SBS) ha estado a la vanguardia en la preparaci\u00f3n para el fin de la LIBOR. Desde 2020, la SBS ha venido monitoreando de cerca la situaci\u00f3n y requiriendo a las entidades supervisadas que implementen planes de acci\u00f3n para la transici\u00f3n hacia las ARR.<\/p>\n<h3>Un panorama acotado pero relevante<\/h3>\n<p>El monto de contratos asociados a la LIBOR en el sistema financiero peruano es relativamente bajo, con un total de US$ 13,699 millones reportados en junio de 2022. Sin embargo, la concentraci\u00f3n de estos contratos en plazos de 3 y 6 meses, y la presencia de cl\u00e1usulas &quot;fallback&quot; en el 72% del saldo total, hacen que la transici\u00f3n sea un tema crucial para la estabilidad financiera del pa\u00eds.<\/p>\n<h3>Las acciones de la SBS: un camino hacia la transici\u00f3n<\/h3>\n<p>Para asegurar un proceso ordenado y minimizar los riesgos, la SBS ha implementado diversas medidas:<\/p>\n<p>Emisi\u00f3n de un oficio en noviembre de 2021, recomendando a las entidades no utilizar la LIBOR en nuevos contratos.<\/p>\n<p>Monitoreo constante de los planes de acci\u00f3n de las entidades supervisadas.<\/p>\n<p>Promoci\u00f3n del uso de tasas alternativas como la SOFR (Secured Overnight Financing Rate).<\/p>\n<p>Comunicaci\u00f3n constante con las entidades y el p\u00fablico en general sobre el proceso de transici\u00f3n.<\/p>\n<h3>Un llamado a la acci\u00f3n: responsabilidades compartidas<\/h3>\n<p>El \u00e9xito de la transici\u00f3n hacia las ARR requiere un esfuerzo conjunto de todos los actores del sistema financiero:<\/p>\n<p>Entidades financieras: Deben adaptar sus contratos a las nuevas tasas, informar a sus clientes sobre el cambio y gestionar los riesgos asociados.<\/p>\n<p>Usuarios: Deben preguntar a su banco o financiera sobre su exposici\u00f3n a la LIBOR, informarse sobre las nuevas tasas de referencia y estar atentos a las comunicaciones de sus entidades.<\/p>\n<p>SBS: Continuar\u00e1 monitoreando el proceso, brindando orientaci\u00f3n y apoyo a las entidades, y velando por la estabilidad financiera del pa\u00eds.<\/p>\n<h3>M\u00e1s all\u00e1 del cambio: hacia un futuro financiero m\u00e1s resiliente<\/h3>\n<p>La eliminaci\u00f3n de la LIBOR representa un desaf\u00edo sin precedentes, pero tambi\u00e9n una oportunidad para fortalecer la transparencia, la eficiencia y la confianza en el sistema financiero global. El Per\u00fa, a trav\u00e9s del liderazgo de la SBS y la colaboraci\u00f3n de todos los actores, est\u00e1 bien encaminado para navegar este cambio de manera exitosa, sentando las bases para un futuro financiero m\u00e1s resiliente y sostenible.<\/p>\n<p>+ PALABRAS: 568<\/p>\n<p>SBS, LIBOR, tasa de referencia<\/p>\n<table>\n<tbody>\n<tr>\n<td>COPY PARA COMPARTIR ART\u00cdCULO EN FACEBOOK<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>En Per\u00fa, la SBS te informa sobre la transici\u00f3n a nuevas tasas de referencia para proteger la estabilidad financiera.<\/p>\n<p>#SBS #LIBOR #Tasadereferencia<\/p>\n<p>Adi\u00f3s a la LIBOR: El Per\u00fa se prepara para el cambio en las tasas de referencia<\/p>\n<\/div>\n<p><!-- .vgblk-rw-wrapper --><\/p>","protected":false},"excerpt":{"rendered":"<p>En Per\u00fa, la SBS monitorea la transici\u00f3n hacia nuevas tasas de referencia para asegurar la estabilidad financiera.<\/p>","protected":false},"author":1,"featured_media":990573,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","inline_featured_image":false,"footnotes":""},"categories":[52],"tags":[61,53,42],"class_list":["post-989170","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-actualidad","tag-61","tag-actualidad","tag-peru"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Adi\u00f3s a la LIBOR: El Per\u00fa se prepara para el cambio en la\u2026<\/title>\n<meta name=\"description\" content=\"En Per\u00fa, la SBS monitorea la transici\u00f3n hacia nuevas tasas de referencia para asegurar la estabilidad financiera.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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