Regulatory Alerts2025-01-01 | JPRF-F-2025-0167JPRF-F-2025-0167 — Reforming Section II "On Interest Rates" of the Central Bank of Ecuador's Interest Rate and Fee System
The Financial and Monetary Policy and Regulation Board issued Resolution JPRF-F-2025-0167 to align Ecuador's financial regulatory framework with constitutional mandates and recent organic laws. The resolution modifies specific articles within the Codification of Monetary, Financial, Securities, and Insurance Resolutions to standardize interest rates for tax arrears and public institution obligations. These changes establish that the interest rate for late tax payments and certain state-related debts will be equivalent to 1.3 times the reference active rate as prescribed by the Tax Code.
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