National Assembly will review today the progress of the Monetary Code

The National Assembly will deal today with the advances in the Monetary and Financial Code. The analysis will feature the intervention of the President of the Legislative, Gabriela Rivadeneira, and the Coordinator Minister of the Economic Policy, Patricio Rivera. The objective of...

Electronic money must be backed up by assets of the BCE

The Commission on Economic and Tax Regime approved that the circulation of electronic money may only be made with the endorsement of assets of the Central Bank of Ecuador (BCE for its Spanish acronym), according to Assemblyman Ramiro Aguilar. In Article 98, the project stated...

Commission of Economic Regime collects observations about Monetary Code

The Commission on Economic and Tax Regime is collecting observations on the Organic Monetary and Financial Code. Until late this week, the Commission shall have the report ready for the first debate in the Plenary and the code should be approved or rejected until July 25. The...