Peru’s Indecopi Fines BCP Over Abusive Debt Collection

Consumer Protection Key Facts —The fine. Indecopi fined BCP S/20,790 (about US$6,150) for a consumer-protection breach. —The violation. The bank sent debt notices to an address the client had not authorised, exposing arrears to third parties. —The ruling body. The Arequipa Regional Commission confirmed the sanction in a final administrative instance. —Corrective orders. BCP must…