Peru compliance lawyer
Companies and individuals whose operations cross between the United States and Peru face a layered compliance environment shaped by US federal statutes, Peruvian regulatory frameworks, and international anti-corruption standards. A Peru compliance lawyer helps clients navigate the intersection of these legal regimes — addressing obligations under the Foreign Corrupt Practices Act (FCPA), sanctions administered by the Office of Foreign Assets Control (OFAC), anti-money laundering (AML) requirements, and Peruvian domestic anti-corruption provisions — so that cross-border business activities remain lawful on both sides of the transaction. Law Offices of SRIS, P.C., founded in 1997, is a US law firm that advises clients on the US-law dimensions of Peru-facing compliance matters, collaborating with Peru-admitted Of Counsel on Peruvian-law questions as needed. Reach us at (888) 437-7747.
Peru compliance practice addresses the regulatory obligations that arise when US and Peruvian legal frameworks intersect. What Peru Compliance Law Covers
Peru compliance law, viewed from the US side, encompasses the statutes, regulations, and enforcement mechanisms that govern how US persons and entities conduct business involving Peru. The FCPA, codified at 15 U.S.C. § 78dd-1 et seq., prohibits US issuers, domestic concerns, and certain foreign persons from making corrupt payments to foreign officials to obtain or retain business. Because Peru is a significant trading partner and investment destination for US companies — particularly in mining, energy, infrastructure, and agriculture — FCPA exposure is a live concern for any US-connected enterprise operating in or through Peru. The statute’s anti-bribery provisions and its books-and-records and internal-controls requirements each demand tailored compliance attention.
Alongside the FCPA, US sanctions administered by OFAC impose additional screening and diligence obligations. As of 2026, Peru is not subject to comprehensive US sanctions, but US persons must still ensure that transactions do not involve sanctioned individuals, entities, or jurisdictions. Peruvian domestic law adds a further layer. Peru’s anti-corruption framework includes the Código Penal provisions on bribery and influence-peddling, the Ley de Responsabilidad Administrativa de las Personas Jurídicas, and the obligations set by the Superintendencia del Mercado de Valores for regulated entities. A compliance strategy that accounts for only US law or only Peruvian law leaves gaps. Law Offices of SRIS, P.C. addresses the US-law side; the firm’s Peru-admitted Of Counsel addresses the Peruvian-law side. The two perspectives are coordinated so the client receives integrated guidance.
US-law compliance counsel for Peru-facing matters is provided by Mr. Sris; Peruvian-law support is provided through the firm’s Of Counsel network. How Mr. Sris and His Of Counsel Network Handle Peru Compliance Matters
Mr. Sris, Owner and Founder of Law Offices of SRIS, P.C., admitted in Virginia, Maryland, the District of Columbia, New Jersey, and New York, serves as the responsible US attorney for Peru compliance engagements. His role includes FCPA compliance counseling, OFAC sanctions due diligence, internal investigations involving US legal exposure, and the design of cross-border compliance programs that satisfy US regulatory expectations. Where a matter requires analysis of Peruvian law — such as the application of the Código Penal to a particular fact pattern, or the registration requirements of the Superintendencia del Mercado de Valores — the firm engages its Peru-admitted Of Counsel to provide that analysis. The two sides collaborate as needed but maintain strict jurisdictional separation: no attorney practices law in a jurisdiction where they are not admitted.
Martín Mayandía, Of Counsel for Peru matters at Law Offices of SRIS, P.C., is the firm’s designated Peru-law resource. Mr. Mayandía is admitted to practice law in Peru. He is not admitted to practice law in the United States. His collaboration with the firm is limited to matters of Peruvian law and to serving as a liaison for clients whose legal needs span both the United States and Peru. For a US company establishing a Peruvian subsidiary, for example, Mr. Sris advises on FCPA and OFAC compliance, while Mr. Mayandía advises on Peruvian corporate formation and regulatory registrations. The client receives coordinated counsel without either attorney overstepping their licensure boundaries.
Mr. Sris founded the firm in 1997 and leads its US compliance practice; Martín Mayandía serves as Of Counsel for Peruvian-law matters. About Mr. Sris and the SRIS Of Counsel Network
Mr. Sris, Owner and Managing Attorney of Law Offices of SRIS, P.C., has practiced since 1997 and is admitted in Virginia, Maryland, the District of Columbia, New Jersey, and New York. His experience includes representing clients in matters involving US regulatory compliance, cross-border transactions, and government investigations. Mr. Sris testified before the Virginia House Courts of Justice Committee in support of 2019 HB 635 (chief patron Del. David Bulova). He leads the firm’s US compliance practice and serves as the responsible US attorney for all sriscounsel.com content under applicable bar rules.
The firm’s Of Counsel network extends the reach of its cross-border practice by providing foreign-law support through attorneys admitted in their respective home jurisdictions. Martín Mayandía, the firm’s Peru Of Counsel, brings knowledge of Peruvian regulatory and corporate law. Mr. Mayandía is admitted to practice law in Peru. He is not admitted to practice law in the United States. His practice with the firm is limited to Peruvian-law matters and liaison services. Mr. Sris and his Of Counsel bring extensive combined legal experience across US and foreign jurisdictions. Consultations are by appointment; contact information appears below.
Frequently Asked Questions
What does a Peru compliance lawyer do?
A Peru compliance lawyer advises clients on the US and Peruvian legal requirements that govern cross-border business, with a focus on anti-corruption, sanctions, and anti-money laundering obligations. On the US side, this includes FCPA compliance — designing policies, training employees, conducting due diligence on Peruvian counterparties, and responding to red flags. It also includes OFAC screening and the design of internal controls that satisfy US regulatory expectations. On the Peruvian side, it includes guidance on the Peruvian anti-corruption framework and on the requirements of Peruvian regulatory agencies. Because no single attorney is admitted in both the United States and Peru, effective compliance counsel typically involves collaboration between a US-admitted attorney and a Peru-admitted attorney, each operating within their licensure.
Do I need a US-admitted attorney for Peru compliance matters, or can a Peruvian attorney handle everything?
If your matter has a US-law dimension — such as FCPA exposure, OFAC compliance, or US securities-law obligations — you need a US-admitted attorney for the US-law side. A Peruvian attorney admitted by the Colegio de Abogados de Lima can advise on Peruvian law but cannot render legal advice on US statutes or represent you before US agencies. Conversely, a US-admitted attorney cannot practice Peruvian law. The correct approach is coordinated counsel: a US-admitted attorney handles the US-law component, and a Peru-admitted attorney handles the Peruvian-law component. Law Offices of SRIS, P.C. is structured to provide exactly this kind of coordinated representation through Mr. Sris on the US side and its Of Counsel network on the Peruvian side.
What is the FCPA and how does it apply to business involving Peru?
The Foreign Corrupt Practices Act is a US federal statute that prohibits bribery of foreign officials and imposes accounting and internal-controls requirements on certain US-connected entities. The FCPA applies to US issuers, domestic concerns, and foreign persons who act in furtherance of a corrupt payment while in US territory. For a US company operating in Peru — or a Peruvian company with US securities listed on a US exchange — the FCPA governs interactions with Peruvian government officials, including employees of state-owned enterprises. The statute’s accounting provisions require accurate books and records and adequate internal controls. Penalties for violations are significant and can include corporate fines, individual imprisonment, and debarment from government contracting. Peru’s own anti-corruption laws operate in parallel, making comprehensive compliance essential.
What should US companies know about Peruvian anti-corruption law?
Peru has strengthened its anti-corruption framework in recent years, and US companies doing business in Peru must comply with Peruvian law in addition to the FCPA. The Peruvian Código Penal criminalizes active and passive bribery of public officials, influence-peddling, and illicit enrichment. The Ley de Responsabilidad Administrativa de las Personas Jurídicas (Law No. 30424, as amended) establishes administrative liability for legal entities whose employees or agents commit corruption offenses for the entity’s benefit. Peruvian regulators, including the Superintendencia del Mercado de Valores, impose compliance obligations on regulated entities. Because Peruvian law differs from US law in important respects — including the definition of foreign official, the treatment of facilitation payments, and the availability of compliance defenses — US companies should obtain Peruvian-law advice from a Peru-admitted attorney in conjunction with their US compliance counsel.
How does OFAC sanctions screening apply to transactions involving Peru?
While Peru itself is not subject to comprehensive OFAC sanctions, US persons must screen all transactions for involvement with sanctioned individuals, entities, and jurisdictions. OFAC administers multiple sanctions programs, including those targeting Specially Designated Nationals (SDNs), narcotics traffickers, and certain foreign persons under the Kingpin Act and other authorities. A transaction that routes funds through a Peruvian financial institution that maintains correspondent relationships with sanctioned entities — or that involves a counterparty who appears on an OFAC list — can create US sanctions exposure. As of 2026, Peru is not designated under any comprehensive sanctions program, but sanctions lists are updated frequently. US companies should conduct robust screening and consult current OFAC resources at treasury.gov for every cross-border transaction