Regulatory Alerts2025-01-01 | JPRFM-2025-020-FResolution JPRFM-2025-020-F Replacing Article 18 on Deposit Insurance Premium Contributions for the Popular and Solidarity Financial Sector
The Financial and Monetary Policy and Regulation Board of Ecuador issued Resolution JPRFM-2025-020-F to replace Article 18 of the Codification of Monetary, Financial, Securities, and Insurance Resolutions, establishing new premium contribution bases, rates, and periodicity for the Popular and Solidarity Financial Sector. The resolution mandates that entities contribute based on specific deposit types using fixed premiums ranging from 0.200% to 0.635% with monthly or annual periodicity, effective January 1, 2026. Additionally, it requires the Deposit Insurance Corporation to develop a methodology for the target fund and propose a target coverage level within six and eight months, respectively, for annual review by the Board.
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