Regulatory Alerts2022-01-01 | JPRM-2022-008-GJPRM-2022-008-G — Norm on External Assets and Liabilities of the Central Bank of Ecuador
The Monetary Policy and Regulation Board of Ecuador issued Resolution JPRM-2022-008-M to establish the regulatory framework for the external assets and liabilities of the Central Bank of Ecuador. The resolution defines policies for the commercialization of non-monetary gold and establishes the precise methodology for calculating international reserves, including specific valuation and accounting treatments. It formally repeals the previous Chapter XIII of the Monetary, Financial, Securities and Insurance Resolutions Codification to align current regulations with the Organic Code of the Monetary and Financial System.
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