IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL5.07▼ 0.14% USD/MXN17.41▲ 0.15% USD/CLP925.20▼ 0.15% USD/COP3,218▼ 1.28% USD/PEN3.39▲ 0.12% USD/ARS1,475▲ 0.32% USD/UYU40.15▲ 1.04% USD/PYG6,039▲ 1.28% USD/BOB10.65▲ 5.99% USD/DOP58.36▲ 0.10% USD/CRC447.49▲ 0.88% USD/GTQ7.62▲ 2.09% USD/HNL26.73▼ 0.01% USD/NIO36.62▲ 0.34% USD/VES725.63▲ 0.11% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.48▼ 0.01% USD/TTD6.76▲ 1.32% EUR/BRL5.82▲ 0.14% BRENT 84.59 ▼ 0.42% WTI 79.60 — 0.00% IRON ORE 161.91 — — COPPER 6.39 ▲ 1.55% GOLD 4,036 ▼ 0.21% SILVER 57.16 ▲ 0.09% SOY 1,206 ▲ 0.29% CORN 473.75 ▲ 5.87% WHEAT 695.25 ▲ 2.62% COFFEE 307.70 ▼ 8.75% SUGAR 14.74 ▼ 0.74% ORANGE JUICE 140.45 ▲ 0.14% COTTON 80.74 ▲ 0.22% COCOA 6,061 ▲ 7.08% BEEF 226.00 ▼ 2.34% CATTLE 349.95 ▲ 0.33% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.60 ▲ 1.16% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 177.25 ▼ 1.47% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 668.00 ▲ 0.91% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,615 ▲ 2.34% BYMA 304.25 ▲ 1.08% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,089 ▼ 0.96% ETH 1,905 ▼ 0.61% SOL 76.23 ▼ 1.34% XRP 1.11 ▼ 0.69% BNB 578.15 ▼ 0.34% ADA 0.16 ▼ 1.88% DOGE 0.07 ▼ 0.98% AVAX 6.61 ▼ 1.29% LINK 8.48 ▼ 0.68% DOT 0.83 ▼ 1.59% LTC 44.80 ▼ 0.72% BCH 222.85 ▼ 0.14% TRX 0.32 ▼ 0.17% XLM 0.19 ▼ 0.74% HBAR 0.07 ▼ 1.23% NEAR 2.04 ▼ 1.12% ATOM 1.54 ▼ 0.87% AAVE 94.20 ▼ 1.70% SELIC 14.25% EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40% IBOV 176,010.90 ▼ 0.36% IPSA 10,947.38 ▼ 0.70% IPC MEX 66,409.65 ▼ 0.18% MERVAL 3,291,246 ▲ 1.92% COLCAP 2,292.03 ▼ 0.29% BVL PERÚ 57,174.37 — — USD/BRL 5.07 ▼ 0.14% USD/MXN 17.41 ▲ 0.15% USD/CLP 925.20 ▼ 0.15% USD/COP 3,218 ▼ 1.28% USD/PEN 3.39 ▲ 0.12% USD/ARS 1,475 ▲ 0.32% USD/UYU 40.15 ▲ 1.04% USD/PYG 6,039 ▲ 1.28% USD/BOB 10.65 ▲ 5.99% USD/DOP 58.36 ▲ 0.10% USD/CRC 447.49 ▲ 0.88% USD/GTQ 7.62 ▲ 2.09% USD/HNL 26.73 ▼ 0.01% USD/NIO 36.62 ▲ 0.34% USD/VES 725.63 ▲ 0.11% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.48 ▲ 0.31% USD/TTD 6.76 ▲ 1.56% EUR/BRL 5.82 ▲ 0.14% BRENT 84.59 ▼ 0.42% WTI 79.60 — 0.00% IRON ORE 161.91 — — COPPER 6.39 ▲ 1.55% GOLD 4,036 ▼ 0.21% SILVER 57.16 ▲ 0.09% SOY 1,206 ▲ 0.29% CORN 473.75 ▲ 5.87% WHEAT 695.25 ▲ 2.62% COFFEE 307.70 ▼ 8.75% SUGAR 14.74 ▼ 0.74% ORANGE JUICE 140.45 ▲ 0.14% COTTON 80.74 ▲ 0.22% COCOA 6,061 ▲ 7.08% BEEF 226.00 ▼ 2.34% CATTLE 349.95 ▲ 0.33% LITHIUM 71.06 ▼ 0.73% PETR4 40.59 ▼ 0.17% VALE3 74.51 ▲ 0.68% ITUB4 43.14 ▼ 1.12% BBDC4 18.60 ▼ 0.16% ABEV3 15.57 ▼ 1.52% BBAS3 20.55 ▼ 0.19% B3SA3 15.69 ▲ 2.35% WEGE3 44.26 ▲ 0.14% PRIO3 57.50 ▼ 0.12% SUZB3 41.48 ▲ 0.90% RENT3 40.35 ▼ 0.47% AZZA3 18.66 ▼ 1.01% CSAN3 3.93 ▲ 1.03% RAIZ4 0.29 ▼ 6.45% PCAR3 2.62 ▲ 6.94% GMAT3 3.98 ▲ 0.51% PSSA3 55.22 ▲ 1.71% CVCB3 1.34 ▼ 2.90% POSI3 3.95 ▼ 1.00% SLCE3 13.50 ▼ 2.24% NATU3 8.67 ▲ 1.40% BRKM5 6.41 ▼ 6.15% RANI3 7.98 ▼ 0.37% CSNA3 5.24 ▲ 0.77% CMIN3 5.24 ▲ 2.75% USIM5 8.20 ▼ 0.36% GGBR4 24.20 ▲ 3.77% ENEV3 26.95 ▼ 0.81% CPFE3 46.83 ▼ 0.78% CMIG4 11.15 ▼ 0.45% EQTL3 40.33 ▼ 1.51% LREN3 14.10 ▼ 1.33% VIVT3 35.47 ▼ 0.14% RAIL3 14.07 ▼ 0.42% KLABIN 17.39 ▲ 0.40% RAIA DROGASIL 18.67 ▲ 0.38% RDOR3 36.01 ▼ 0.11% HAPV3 10.99 ▼ 1.79% FLRY3 16.51 ▲ 0.61% SMTO3 15.53 ▼ 3.66% UGPA3 31.10 ▲ 3.29% VBBR3 33.75 ▲ 1.35% BBSE3 40.71 ▲ 0.79% BPAC11 57.04 ▼ 1.57% CURY3 32.73 ▼ 2.56% AERI3 2.02 ▼ 2.42% VIVARA 23.52 ▲ 0.38% COMPASS 25.11 ▼ 0.36% VAMOS 3.12 ▼ 0.95% SANB11 27.00 ▼ 1.24% ASAI3 8.66 — 0.00% SBSP3 29.98 ▼ 1.19% WALMEX 49.61 ▲ 0.69% GMEXICO 200.02 ▲ 0.23% FEMSA 223.27 ▼ 2.64% CEMEX 22.64 ▲ 1.98% GFNORTE 183.98 ▼ 1.19% BIMBO 57.50 ▲ 2.02% TELEVISA 9.60 ▲ 1.16% AMX 22.80 ▼ 0.22% GAP 398.24 ▲ 0.75% ASUR 283.46 ▲ 2.85% OMA 234.61 ▼ 0.17% KOF 177.25 ▼ 1.47% GRUMA 280.76 ▲ 0.49% KIMBER 38.73 ▲ 0.75% SQM-B 66,050 ▼ 2.72% COPEC 6,126 ▼ 1.35% BSANTANDER 78.16 ▼ 0.61% FALABELLA 5,853 ▼ 0.37% ENELAM 84.80 ▼ 1.11% CENCOSUD 2,005 ▼ 1.72% CMPC 1,074 ▼ 2.63% BANCO CHILE 188.88 ▼ 0.33% LATAM AIR 25.40 ▲ 2.01% YPF 78,550 ▲ 1.00% GGAL 8,205 ▲ 3.73% PAMPA 5,240 ▲ 0.19% TXAR 668.00 ▲ 0.91% ALUAR 959.50 ▲ 1.11% TGS 9,750 ▲ 0.41% CEPU 2,344 ▲ 0.73% MIRGOR 16,975 ▲ 1.34% COME 45.63 ▼ 0.26% LOMA NEGRA 3,615 ▲ 2.34% BYMA 304.25 ▲ 1.08% TELECOM ARG 4,315 ▼ 0.40% ECOPETROL 15.98 ▼ 1.11% BANCOLOMBIA 81.55 ▼ 0.67% GRUPO AVAL 5.03 ▲ 1.62% CREDICORP 398.20 ▲ 1.52% SOUTHERN COPPER 181.54 ▼ 0.46% BUENAVENTURA 30.71 ▼ 1.03% MERCADOLIBRE 1,843 ▼ 1.64% NUBANK 13.88 ▼ 0.79% XP 16.87 — 0.00% PAGSEGURO 9.21 ▼ 0.75% STONE 11.28 ▼ 0.18% GLOBANT 31.98 ▲ 3.43% TECNOGLASS 45.67 ▲ 3.26% GAP AIRPORT 228.15 ▲ 0.97% ASUR 283.46 ▲ 2.85% OMA AIRPORT 107.90 ▲ 0.24% AMX ADR 26.11 ▼ 0.27% FEMSA ADR 128.77 ▼ 3.30% CEMEX ADR 13.07 ▲ 2.11% PETROBRAS ADR 17.86 ▼ 0.33% VALE ADR 14.67 ▲ 0.55% ITAU ADR 8.45 ▼ 1.17% SANTANDER BR 5.35 ▼ 0.74% AMBEV ADR 3.03 ▼ 1.94% CSN 1.04 ▲ 0.49% GERDAU 4.80 ▲ 4.12% LATAM ADR 54.87 ▲ 2.54% BTC 64,089 ▼ 0.96% ETH 1,905 ▼ 0.61% SOL 76.23 ▼ 1.34% XRP 1.11 ▼ 0.69% BNB 578.15 ▼ 0.34% ADA 0.16 ▼ 1.88% DOGE 0.07 ▼ 0.98% AVAX 6.61 ▼ 1.29% LINK 8.48 ▼ 0.68% DOT 0.83 ▼ 1.59% LTC 44.80 ▼ 0.72% BCH 222.85 ▼ 0.14% TRX 0.32 ▼ 0.17% XLM 0.19 ▼ 0.74% HBAR 0.07 ▼ 1.23% NEAR 2.04 ▼ 1.12% ATOM 1.54 ▼ 0.87% AAVE 94.20 ▼ 1.70% SELIC 14.25% EMBRAER 82.35 ▼ 0.17% EMBRAER ADR 64.90 ▼ 0.02% JBS 12.10 ▲ 2.28% JBS BDR 61.43 ▲ 2.81% MBRF3 15.40 ▼ 4.29% MBRFY 2.87 ▼ 8.60% INTER 5.62 ▼ 1.40%
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Thursday, July 16, 2026

Pressured by Peru’s President, Parliament Passes Anti-Corruption Reform Bill

By · July 10, 2020 · 3 min read

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RIO DE JANEIRO, BRAZIL – After the Covid-19 crisis has for a long time fully dominated Peru‘s politics, President Martín Vizcarra is now redirecting his attention to the main political project of his mandate: the reform of the country’s political system.

Peruvian President Martín Vizcarra.
Peruvian President Martín Vizcarra. (Photo: internet reproduction)
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Last Sunday, under pressure from the head of state, the full Peruvian Congress decided by an overwhelming majority to lift the immunity of federal deputies and other key civil servants.

Among the political positions that will no longer be exempt from prosecution are judges of the Constitutional and Supreme Courts, Ministers, and even the President himself. Furthermore, as is the case under Brazil’s “Ficha Limpa” law, anyone with a serious criminal record – with sentences of over four years’ imprisonment – will no longer be allowed to run for political office.

On Friday, Congress had rejected a similar bill. Several right-wing parties, including the Fujimorist People’s Power (Fuerza Popular/FP) and the left-wing Nationalist Union for Peru (Union por el Perú), had opposed the lifting of immunity.

However, supporters of the reform accused them of power games, as these factions had several of their members accused of corruption.

But when Vizcarra announced a referendum on the constitutional amendment in a television address on Sunday, Parliament pre-empted him and decided on the reform in a slightly modified version. Only the FP voted against it.

“Neither the pandemic nor political tactics or the interests of a minority can limit the right of the people to adequate political representation,” the President stated. In reference to the Covid-19 pandemic, which affected Peru particularly hard, he added: “Corruption is a virus that has infected the state at all levels and we will continue to fight it.”

However, the President is far from satisfied by the reform announced in his televised address: he suspects that the law, as it has now been passed by Congress, was deliberately drafted unconstitutionally, with the goal that it would not stand up in the Constitutional Court and thus ultimately fail. Consequently, the immunity of deputies would be upheld. As a result, the announced referendum is not yet off the table, Vizcarra announced.

A referendum of this kind would be held at the same time as the presidential and congressional elections, scheduled for April 11th next year. The executive and legislative branches clashed over the timing of elections, as Parliament had originally planned to defer them until May due to safety concerns over the Covid-19 pandemic.

Nevertheless, Vizcarra, who is not eligible for re-election under the Constitution, issued a presidential decree on Wednesday that finally sets the election date in April.

The President’s popularity and his self-proclaimed campaign against corruption remains high, albeit down from 87 percent at the start of the pandemic in March to 70 percent now, according to the Ipsos research institute.

Since taking office by means of a succession process in 2018, former Vice-President Vizcarra has been in permanent conflict with the legislature. As a result, he only had the parliament elected in January.

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