Regulatory Alerts2015-04-15 | JB-2015-3353Added · Updated
Resolution No. JB-2015-3353 of the Banking Board of Ecuador
The Banking Board of Ecuador rejected a review appeal filed by Banco Promerica S.A. regarding the rejection of a consumer complaint about a protested check. The Board determined that the appeal was inadmissible because it challenged an administrative act issued by the Board's Secretary rather than a collegial decision, which does not permit a review appeal under applicable regulations. Consequently, the Board confirmed the previous administrative acts that had upheld the Regional Intendancy's decision in favor of the complainant.
More like this from SB
We email you every new SB publication the day it's published.
Topics
Share