Regulatory Alerts2026-01-01 | JPRFM-2026-009-MResolution JPRFM-2026-009-M: Incorporation of Subsection 9 on Fiscal and Financial Agency for National Public Enterprise Commodity Hedging
The Financial and Monetary Policy and Regulation Board issued Resolution JPRFM-2026-009-M to authorize the Central Bank of Ecuador to act as a fiscal and financial agent for national public enterprises executing commodity hedging operations. The resolution establishes that the Central Bank acts strictly as an agent without assuming market or financial risks, requiring public entities to provide sufficient liquid guarantees and bear all associated costs. It further defines the service tariffs, consisting of a fixed subscription fee and a variable management commission, and mandates the operational implementation of this specialized financial service.
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