Regulatory Alerts2023-01-01 | JPRF-S-2023-069JPRF-S-2023-069 — Reform to the Standard on Maximum Investment Segments and Percentages
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-S-2023-069 to amend the Standard on Maximum Investment Segments and Percentages. The resolution eliminates the restriction preventing insurance companies from investing in investment funds where portfolios exceed 25% in securities issued, backed, or guaranteed by the financial system. This change aims to optimize liquidity risk management while maintaining the solvency and stability of the insurance sector.
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