The Superintendency of Banks of Ecuador has issued a formal information request as part of its supervisory work over the national financial system, seeking anti-money laundering and counter-terrorist financing due diligence information related to individuals identified in financial intelligence analyses tied to the so-called Case Encuentro. The request was made in coordination with the Financial and Economic Analysis Unit under the institutions’ interagency agreement, covers the period from January 2021 to December 2024, and does not in itself imply any determination of liability. The request is grounded in the authority’s supervisory and AML legal powers and seeks details on financial products, customer onboarding files and know-your-customer records, AML risk profiles, alerts generated by transaction monitoring systems, and any Suspicious Transaction Reports that may have been filed. The Superintendency will review the information submitted and conduct the corresponding due process in coordination with the competent authorities.
Superintendencia de Bancos de Ecuador 2026-05-05
Superintendency of Banks of Ecuador requests 2021 to 2024 due diligence and AML monitoring data linked to Case Encuentro
The Superintendency of Banks of Ecuador has requested supervised entities provide anti-money laundering and counter-terrorist financing due diligence data on individuals identified in financial intelligence analyses tied to Case Encuentro, covering January 2021 to December 2024. Acting under its supervisory and AML legal powers and in coordination with the Financial and Economic Analysis Unit, it seeks details on financial products, onboarding and know-your-customer records, risk profiles, transaction monitoring alerts, and any Suspicious Transaction Reports, noting the request does not imply any determination of liability.