Regulatory Alerts2026-08-20 | JPRFM-2026-033-FAdded
JPRFM-2026-033-F — Approves Reforms to Chapter LV of the Codification of Monetary, Financial, Securities and Insurance Resolutions to Harmonize with Articles 357 and 358 of the Organic Monetary and Financial Code
The Financial and Monetary Policy and Regulation Board (JPRFM) amends Chapter LV of the Codification of Resolutions to align credit reporting rules with Articles 357 and 358 of the Organic Monetary and Financial Code. The reforms redefine credit information sources, permit the inclusion of complementary data subject to strict legal and privacy safeguards, and limit credit risk data retention to four years with reports covering only the most recent two years. Implementation deadlines are set for the Superintendency of Banks (18 months), the Superintendency of Popular and Solidarity Economy (12 months), and the Superintendency of Companies, Securities and Insurance (18 months).
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.