Regulatory Alerts2023-01-01 | JPRM-2023-017-GResolution JPRM-2023-017-G: Reforming the Regulation on the Formation and Functioning of Institutional Committees of the Central Bank of Ecuador
The Monetary Policy and Regulation Board of Ecuador issued Resolution JPRM-2023-017-G to amend the regulation governing its institutional committees. The resolution expands the Asset and Liability Committee's functions to include oversight of gold commercialization, investment strategies, and liquidity contingency plans, while clarifying the archival duties of committee secretaries. It also redefines the composition of the Monetary and Financial Stability Committee and formally repeals specific prior administrative resolutions related to gold management.
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