Regulatory Alerts2024-01-01 | JPRF-V-2024-0136JPRF-V-2024-0136 — Reforms to the Self-Regulation Standard for Stock Exchanges and Trade Associations
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-V-2024-0136 to amend the Self-Regulation Standard for Stock Exchanges and Trade Associations. The resolution clarifies the definition of self-regulators, expands the scope of obligated subjects to include linked entities, and mandates stricter approval procedures for self-regulatory rules. Additionally, it imposes immediate notification and publication requirements for sanctioning resolutions and the transmission of sanctioning files to the Superintendency of Companies, Securities and Insurance.
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