Together with Chile, Colombia and Mexico, Peru is a signatory to the Pacific Alliance, which is an initiative promoting regional economic and commercial integration. To date, however, there have been no financial services passporting arrangements implemented. Nevertheless, each member country must treat a foreign financial institution in the same way as it does a local financial institution for regulatory purposes.

In addition, Peru, together with Chile, Colombia and Mexico, have integrated their stock exchanges through the formation of the Latin America Integrated Market (MILA). Although the MILA is not  expressly contemplated in the Pacific Alliance Additional Protocol, members countries of the Pacific Alliance have shown significant interest and commitment in boosting the MILA and in tackling the main legal as well as operational challenges that may hinder its development. In connection to MILA, some improvements have recently been made, as MILA countries have authorized the launch of secondary public offerings of securities (including equity and debt instruments) in all MILA countries, provided that the public offering has been previously registered or approved in one MILA country without the need to register it in another MILA country. In addition, regulations published by the Peruvian Capital Markets Superintendency would allow the conduct of initial public offerings simultaneously in all MILA countries but limit the registration to one of the MILA countries.