Regulatory Alerts2025-01-01 | JPRF-T-2025-0156JPRF-T-2025-0156 — Incorporates Title II "Norm on Requirements and Parameters for the Operation of Controlled Spaces for Regulatory Testing (Regulatory Sandboxes) for Innovative Developments"
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-T-2025-0156 to formally incorporate Title II establishing the regulatory framework for "Regulatory Sandboxes" for innovative financial developments. This norm defines the requirements, parameters, and operational procedures for controlled testing environments within the national financial, securities, and insurance systems. It mandates that fintech companies and regulated entities obtain temporary licenses to pilot innovative products under the constant supervision of competent control bodies to ensure viability and regulatory compliance.
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