Regulatory Alerts2023-01-01 | JPRF-V-2023-072Resolution JPRF-V-2023-072: Reforming Regulations for the Provider and Administrator of the Single Stock Market System (SIUB)
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-V-2023-072 to amend the regulatory framework governing the provider and administrator of the Single Stock Market System (SIUB) and its services. The resolution updates specific articles within the Securities Market Code to align operational requirements, registration procedures, and administrative obligations with current market developments. These changes include revised sworn declarations, registry data entry mandates, and stricter eligibility criteria for administrators and board members of market participants.
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