Regulatory Alerts2023-01-01 | JPRF-F-2023-066JPRF-F-2023-066 — Extends the delinquency qualification period for productive credit debtors under US$ 100,000 to September 30, 2023
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-F-2023-066 to extend the temporary delinquency classification for productive credit debtors with balances under US$ 100,000 from June 30, 2023, to September 30, 2023. The resolution also modifies the deadline for the Banking Superintendence to submit a detailed report on credit parameter adjustments from April 30, 2023, to July 5, 2023, to accommodate ongoing Financial Sector Assessment Program evaluations. This amendment is based on coordination between the regulator and the supervisory body to ensure financial stability and compliance with international assessment requirements.
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