Regulatory Alerts2024-01-01 | JPRF-F-2024-0100JPRF-F-2024-0100 — Modification of Technical Notes for Calculating Technical Equity of Private Financial Sector Entities and Popular and Solidarity Financial Sector Entities
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-F-2024-0100 to modify technical notes governing the calculation of technical equity for private and popular/solidarity financial entities. The resolution updates Note 9 regarding the treatment of provision deficiencies and replaces the secondary technical equity table in Article 81 to specify weighting and aggregation methods for various equity components. These regulatory changes take effect on March 1, 2024, to ensure alignment with international standards and national financial stability requirements.
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