The Superintendence of Banks of Ecuador outlined its anti-money laundering and counter-terrorist financing focus during the Prevention of Money Laundering Forum held in Guayaquil on 14 March 2025, emphasising that tackling illicit finance requires coordinated action across prevention, regulation, supervision, control and sanctions. In remarks at the event, Superintendent Roberto Romero von Bouchwald also reaffirmed the authority’s commitment to protecting depositors and financial users and to supporting a sound, stable and transparent financial system. As context for the scale of the risk, Romero cited a United Nations estimate that money laundering represents between 2% and 5% of global GDP and warned of its links to criminality and corruption and its adverse effects on trust in the financial system and state institutions. ASOBANCA’s executive president, Marco Rodríguez, pointed to the private banking sector’s use of data analytics and artificial intelligence tools and reported an average of 15 suspicious transaction reports per day filed with the Financial and Economic Analysis Unit for follow-up, referencing the GAFILAT mutual evaluation report as recognising the sector’s maturity.
Superintendencia de Bancos de Ecuador 2025-03-17
Superintendence of Banks of Ecuador calls for coordinated institutional action to combat money laundering at industry forum
The Superintendence of Banks of Ecuador emphasized anti-money laundering and counter-terrorist financing priorities at the Prevention of Money Laundering Forum in Guayaquil, highlighting the need for coordinated prevention, regulation, supervision, control, and sanctions. Superintendent Roberto Romero von Bouchwald discussed money laundering's impact on global GDP and its ties to crime and corruption. ASOBANCA’s executive president, Marco Rodríguez, noted the private banking sector's use of data analytics and AI, with an average of 15 suspicious transaction reports filed daily.