Regulatory Alerts2025-01-01 | JPRF-T-2025-0158JPRF-T-2025-0158 — Issues and Incorporates Title III on Prevention, Detection, and Combat of Money Laundering and Financing of Other Crimes
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-T-2025-0158 to formally incorporate Title III into its regulatory codification, establishing comprehensive norms for the prevention, detection, and combat of money laundering and the financing of other crimes. This resolution mandates that all financial obligated subjects implement robust internal control systems and risk management frameworks to mitigate exposure to illicit financial activities. It defines key regulatory terms, outlines the scope of application for financial entities, and assigns specific responsibilities for compliance and reporting to ensure alignment with national laws and international standards.
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