Regulatory Alerts2025-01-01 | JPRF-F-2025-0164Resolution JPRF-F-2025-0164: Substitutes Chapter XXIX on the Liquidity Fund for Entities of the Private and Popular and Solidarity Financial Sectors
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-F-2025-0164 to substitute Chapter XXIX of its Codification of Monetary, Financial, Securities, and Insurance Resolutions, establishing the regulatory framework for the Liquidity Fund for the Private and Popular and Solidarity Financial Sectors. The resolution mandates that financial entities adhere to specific trust agreements to operate the fund as a lender of last resort, defining the fiduciary rights, administrative functions of the COSEDE Board, and contribution methodologies. It further outlines the operational structure, eligibility for liquidity credits, and the legal obligations for entities to maintain technical equity and comply with prudential regulations to access fund resources.