Regulatory Alerts2015-05-27 | JB-2015-3434Resolution JB-2015-3434 of the Banking Board of Ecuador
The Banking Board of Ecuador rejected an administrative review appeal filed by engineer Ligia Maricela Niama Rivera against Banco de Guayaquil S.A. regarding a credit dispute and credit bureau classification. The Board affirmed that the controversy stems from a labor contract and credit obligations between private parties, placing it outside the Superintendency of Banks' jurisdiction and requiring resolution by the judicial branch. Consequently, the Board ratified the previous decision declaring the Superintendency incompetent to address the claim for damages and perjuicios.
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