Regulatory Alerts2022-01-01 | JPRM-2022-020-MJPRM-2022-020-M — Monetary System Regulations
The Superintendency of Banks issued Resolution JPRM-2022-020-M to establish maximum tariffs for financial services provided by public and private financial entities in Ecuador. The regulation defines specific fee structures for domestic and international card transactions, interbank transfers, and mobile payment platform services, while explicitly prohibiting the passing of certain interchange fees to cardholders. It further sets distinct tariff schedules for entities within the Popular and Solidarity Finance sector, ensuring standardized pricing across the national financial system.
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