Regulatory Alerts2025-01-01 | JPRF-F-2025-0154Resolution JPRF-F-2025-0154: Reforming Section XVI "General Standard for Community Savings and Savings Banks" and Article 363 of Section XXII
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-F-2025-0154 to reform the regulatory framework for community savings and savings banks within the Popular and Solidarity Economy sector. The resolution substitutes Section XVI of the Monetary, Financial, Securities, and Insurance Resolutions Codification with new articles (304-312) that strictly define the constitution, internal structure, and operational limits of these entities. It mandates that these institutions must be legally constituted as non-capital entities with a verifiable common link among members, subject to the supervision of the Superintendence of the Popular and Solidarity Economy.
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