2023-06-16 | JPRF-S-2023-069Added · Updated
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.
More like this from BCE
BCE published 2 documents in the last 30 days. We email you each new one the day it's published.