Regulatory Alerts2022-01-01 | JPRM-2022-015-GJPRM-2022-015-M — Policy for Services to Operate with the Exterior
The Monetary and Financial Policy Board issued Resolution JPRM-2022-015-M to establish the Central Bank of Ecuador's policy for services related to operating with the exterior. The resolution mandates that all public sector foreign exchange transactions, including debt service, imports, and hydrocarbon liquidation, must be processed through the Central Bank of Ecuador. It also updates reporting requirements for financial entities regarding foreign currency operations and transfers to ensure statistical accuracy and regulatory compliance.
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