Regulatory Alerts2025-01-01 | JPRF-F-2025-0145JPRF-F-2025-0145 — Extraordinary and Temporary Financial Relief Mechanism for Public and Private Financial Sectors and Popular and Solidarity Financial Sector
The Financial Policy and Regulation Board of Ecuador issued Resolution JPRF-F-2025-0145 to implement an extraordinary and temporary financial relief mechanism for borrowers in the public, private, and popular and solidarity financial sectors. The resolution mandates that financial institutions defer loan payments for up to 180 days for operations active as of March 31, 2025, with the mechanism remaining applicable until September 30, 2025. This relief is granted without incurring new legal costs, fees, or late interest, and can be initiated by either the client or the financial entity upon express acceptance.
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