News

Legal updates and analysis

Regulatory changes, INDECOPI decisions and topics of interest for businesses.

INDECOPI proceedings

Seven requirements imposed by INDECOPI on complainants declared unlawful

In Resolution 0316-2026/CEB-INDECOPI, the Bureaucratic Barriers Commission declared unlawful requirements such as making complainants pay for newspaper notices when the respondent supplier's address is unknown.

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Consumer protection

Refusing cash payment without just cause may be an infringement

INDECOPI noted that notes and coins issued by the Central Reserve Bank must be accepted (Article 43 of the Central Bank's Organic Law). Businesses may encourage digital payments, but may refuse cash only for just cause, such as signs of counterfeiting or badly damaged notes.

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Insurance

SBS tightens conflict-of-interest rules for the pension insurance tender

Ahead of its ninth tender, the SBS approved changes to the private pension system's disability, survivorship and funeral insurance: bidding insurers may not sit on the award committee or draft the tender terms, and must document and manage their conflicts of interest.

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Intellectual property

Trademarks and patents as collateral for financing

In Madrid, INDECOPI took part in the signing of a memorandum between the Ibero-American IBEPI program and WIPO, and in a forum on intangible-asset financing. The message for businesses: identifying, protecting and managing trademarks and patents can also open doors to credit.

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Unfair competition

Agency and advertiser fined for discriminatory advertising

INDECOPI fined an advertising agency and an advertiser in Huancayo a total of 25 UIT for ads that promoted discrimination, applying the social-adequacy principle of the Unfair Competition Law. Freedom of commercial speech does not protect such messages.

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