Regulatory Alerts2025-01-01 | JPRFM-2025-014-MResolution JPRFM-2025-014-M: Reforms to Chapter IV Monetary Policy Instruments Regarding Reserve Requirements
The Financial and Monetary Policy and Regulation Board of Ecuador issued Resolution JPRFM-2025-014-M to amend the reserve requirement percentages and composition rules for public, private, and popular and solidary financial sectors. The resolution establishes tiered reserve ratios based on asset size for banks and specific segments for cooperatives, while allowing reserves to be held in central bank deposits or short-term public debt instruments. These new requirements will take effect for most entities during the period of January 15-21, 2026, and for Segment 3 cooperatives during June 4-10, 2026.
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