Ecuador's Superintendency of Banks and the Central Bank of Ecuador signed an interinstitutional agreement updating their 1997 framework and setting out new arrangements for secure and timely information exchange between the supervisor and the monetary authority. The updated cooperation mechanisms are intended to support earlier risk identification, strengthen technical analysis and underpin evidence-based decision-making, with reference to international standards such as those of the International Monetary Fund. The Superintendency highlighted that the agreement also enables the development of stress tests using shared macroeconomic scenarios.
Superintendencia de Bancos de Ecuador 2025-06-18
Ecuador's Superintendency of Banks signs updated information-sharing agreement with the Central Bank of Ecuador
Ecuador's Superintendency of Banks and Central Bank have updated their 1997 framework to enhance secure, timely information exchange. The agreement aims to improve risk identification, technical analysis, and evidence-based decision-making, aligning with international standards like the IMF's. It also facilitates stress tests using shared macroeconomic scenarios.