Ecuador remains deficient against money laundering and terrorist financing

The Financial Action Task Force (FATF) published its updated list of deficient countries in the fight against money laundering and the financing of terrorism, in which Ecuador is maintained with Algeria, Indonesia and Myanmar. The FATF, which requested its members and other...

COIP was submitted to the FATF

Last Monday the scope of the new Criminal Code (COIP) was exposed to the members of the Financial Action Task Force (FATF). The General Attorney, Diego Garcia, General Prosecutor Galo Chiriboga, and the superintendent of Companies, Suad Manssur, headed the delegation. About the...
COIP includes 'identified deficiencies' by the FATF

COIP includes ‘identified deficiencies’ by the FATF

The criminal code (COIP), which was registered  yesterday in the Official Gazette and shall enter into force in six months, included “all deficiencies identified by the Group of international financial action (FATF)”, which until last year situated the country among...