Peru SBS lawyer
Law Offices of SRIS, P.C. is a US law firm with an international clientele, founded in 1997. The firm’s cross-border banking and finance practice assists clients with matters that involve both US and Peruvian financial regulatory frameworks. For US-law aspects—including compliance with the Bank Secrecy Act, USA PATRIOT Act anti-money laundering provisions, and federal securities laws—Mr. Sris and the firm’s US-admitted attorneys provide counsel. For Peru-law aspects, the firm collaborates with Martín Mayandía, Of Counsel, who is admitted to practice law in Peru (2009) and is not admitted in any US state bar. This collaboration ensures that clients receive coordinated guidance on cross-border transactions, regulatory inquiries, and financial services matters. The firm represents international businesses, financial institutions, investors, and individuals navigating the intersection of US and Peruvian banking regulations. To discuss your situation, contact Law Offices of SRIS, P.C. at (888) 437-7747.
What This Cross-Border Practice Area Covers
Cross-border banking and finance practice involves the application of US federal and state laws to transactions, entities, or individuals with a Peruvian nexus. On the US side, key statutes include the Bank Secrecy Act (BSA), which imposes recordkeeping and reporting requirements on financial institutions; the USA PATRIOT Act, which strengthened anti-money laundering (AML) obligations; and the Securities Exchange Act of 1934, governing securities transactions. The firm advises on BSA/AML compliance, cross-border fund transfers, correspondent banking relationships, and regulatory examinations by US agencies such as the Financial Crimes Enforcement Network (FinCEN) and the Office of the Comptroller of the Currency (OCC).
Peru’s financial system is regulated by the Superintendencia de Banca, Seguros y AFP (SBS), which oversees banking, insurance, and pension funds. While US law governs US-based operations, Peruvian law applies to locally licensed entities and activities within Peru. A cross-border matter—such as a US bank’s correspondent relationship with a Peruvian financial institution, or a Peruvian investor’s US securities holdings—often requires analysis under both regimes. The firm’s US-admitted attorneys handle the US-law components, and for Peruvian regulatory questions, the firm engages Martín Mayandía, Of Counsel, who is admitted to practice law in Peru (2009) and is not admitted in any US state bar. This division of responsibility helps clients address the distinct legal requirements of each jurisdiction without conflating the two.
How Mr. Sris and His Of Counsel Network Handle These 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, leads the US-law side of every cross-border banking engagement. He and the firm’s US-admitted Of Counsel attorneys analyze the applicable US statutes, regulations, and agency guidance. For Peru-law matters, the firm works with Martín Mayandía, Of Counsel, who is admitted to practice law in Peru (2009) and is not admitted in any US state bar. Mr. Mayandía’s role is limited to Peruvian law and to serving as a liaison between the client and the firm’s US-licensed attorneys. This structure ensures that each aspect of a cross-border banking matter is handled by an attorney licensed in the relevant jurisdiction.
The firm does not employ attorneys; all non-Sris practitioners serve as Of Counsel. This model allows the firm to assemble the right combination of US and foreign legal knowledge for each matter. When a client’s situation involves both US and Peruvian banking law, the US-admitted attorneys and Mr. Mayandía coordinate on strategy, document review, and regulatory communications, always maintaining clear jurisdictional boundaries. The firm’s US-admitted attorneys remain responsible for all US-law advice and for the overall management of the client relationship.
About Mr. Sris and the firm’s Of Counsel Network
Mr. Sris, a former prosecutor, founded Law Offices of SRIS, P.C. in 1997. He is admitted to practice in Virginia, Maryland, the District of Columbia, New Jersey, and New York. Mr. Sris testified before the Virginia House Courts of Justice Committee in support of 2019 HB 635 (chief patron Del. David Bulova), the bill that became the 2019 revision to Va. Code § 20-107.3(g). His experience includes representing clients in complex regulatory matters and coordinating cross-border legal teams.
The firm’s Of Counsel network includes attorneys licensed in various foreign jurisdictions who collaborate on matters involving non-US law. For Peru-related banking and finance matters, the firm works with Martín Mayandía, Of Counsel, who is admitted to practice law in Peru (2009) and is not admitted in any US state bar. Mr. Mayandía’s practice focuses on Peruvian financial regulation, corporate law, and cross-border transactions. Together, Mr. Sris and his Of Counsel bring extensive combined legal experience to cross-border banking and finance matters.
Frequently Asked Questions
What does a Peru SBS lawyer do?
A Peru SBS lawyer advises on matters involving the Superintendencia de Banca, Seguros y AFP, Peru’s financial regulator. For US-based clients, the role typically involves coordinating with US counsel to address cross-border compliance, licensing, and transactional issues. The SBS oversees banking, insurance, and pension funds in Peru, and its regulations affect foreign financial institutions operating in or with Peru. A lawyer familiar with both US and Peruvian frameworks can help navigate the distinct requirements of each system. At Law Offices of SRIS, P.C., the US-admitted attorneys handle US-law aspects, while Martín Mayandía, Of Counsel, who is admitted in Peru (2009) and not in any US state bar, addresses Peruvian regulatory matters.
Do I need both a US lawyer and a Peru lawyer for a cross-border banking matter?
Yes, a cross-border banking matter generally requires counsel licensed in each relevant jurisdiction. US law governs US-based transactions, entities, and regulatory filings, while Peruvian law applies to activities within Peru. A US-licensed attorney cannot provide legal advice on Peruvian law, and a Peru-licensed attorney cannot advise on US law. The firm’s model pairs Mr. Sris and the US-admitted Of Counsel with Martín Mayandía, Of Counsel (admitted in Peru, not in any US state bar), so that each side of the matter receives jurisdiction-appropriate guidance. This approach helps clients avoid the unauthorized practice of law and ensures that advice is grounded in the correct legal framework.
How does Law Offices of SRIS, P.C. handle US banking compliance for Peru-related transactions?
The firm analyzes the transaction under applicable US statutes, including the Bank Secrecy Act, USA PATRIOT Act, and relevant securities laws. They assess whether the transaction triggers suspicious activity reporting, currency transaction reporting, or enhanced due diligence obligations. The firm does not provide legal advice on Peruvian law; for Peruvian regulatory questions, the firm engages Martín Mayandía, Of Counsel, who is admitted in Peru (2009) and not in any US state bar. The US-admitted attorneys remain responsible for all US-law compliance advice.
What should I bring to a consultation about a cross-border banking issue?
Bring any documents that describe the transaction, the parties, and the regulatory context. Useful materials include corporate formation documents, bank account agreements, correspondence with US or Peruvian regulators, and any prior legal opinions. If the matter involves a specific Peruvian financial institution, information about its SBS license status and any recent regulatory actions can be helpful. The consultation will focus on identifying the US-law issues and determining whether Peruvian-law analysis is needed. All information shared is protected by the attorney-client privilege. To schedule a consultation, contact Law Offices of SRIS, P.C. at (888) 437-7747.
Can the firm represent me before the Peruvian SBS?
The firm’s US-admitted attorneys do not appear before the Peruvian SBS. Representation before the SBS requires a lawyer licensed in Peru. For such matters, the firm collaborates with Martín Mayandía, Of Counsel, who is admitted to practice law in Peru (2009) and is not admitted in any US state bar. Mr. Mayandía can handle SBS filings, regulatory inquiries, and administrative proceedings under Peruvian law. The firm’s US-admitted attorneys coordinate with him to ensure that the US-law implications of any SBS action are addressed. Clients receive integrated counsel while maintaining the required jurisdictional separation.
How do I engage the firm for a Peru-related banking matter?
Contact Law Offices of SRIS, P.C. at (888) 437-7747 to schedule an initial consultation. During the consultation, an attorney will discuss the nature of your matter, identify the US-law issues, and determine whether Peruvian-law analysis is needed. If the matter requires Peruvian counsel, the firm will explain how Martín Mayandía, Of Counsel (admitted in Peru, not in any US state bar), can be engaged for the Peru-law aspects. The firm’s US-admitted attorneys will then outline the scope of US-law representation and the coordination process. All consultations are by appointment only.