Autor: jholguin@bustamantefabara.com
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The Purpose of Lawyering: A Reminder of Joy
In The Book of Joy: Lasting Happiness in a Changing World, the Dalai Lama and Desmond Tutu invite us to reflect on joy not as a fleeting emotion, but as a skill that can be cultivated. Through a deep and moving conversation, they identify eight core pillars to achieve lasting happiness: perspective, humility, humor, acceptance,…
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Entry into Force of the New Organic Law on the Prevention, Detection, and Combating of Money Laundering and the Financing of Other Crimes
Today, July 29, 2025, the new Organic Law on the Prevention, Detection, and Combating of Money Laundering and the Financing of Other Crimes came into force. This law replaces the former 2016 legislation and aims to strengthen the regulatory framework in this area, aligning it with the international standards set by the FATF. What are…
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Regulatory Revolution in the Insurance Sector: The New Framework for Insurance Technology Companies in Ecuador
Introduction: A New Chapter for Insurance Innovation In April 2025, the Financial Policy and Regulation Board (JPRF) marked a milestone in the history of Ecuador’s insurance sector with the issuance of Resolution JPRF-S-2025-0152. This regulation, a pioneer in the region, establishes the first specific regulatory framework for insurance technology service entities, internationally known as insurtechs.…
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New resolution issued by the Superintendency of Personal Data Protection: Regulation for the Application of the Methodology for Calculating Fines under the Administrative Sanctions Regime of the Superintendency of Personal Data Protection
The Superintendency of Personal Data Protection (SPDP) has issued the Regulation for the Application of the Methodology for Calculating Fines under the Administrative Sanctions Regime, along with the official models for calculating the amount of administrative fines. This resolution strengthens the technical and operational implementation of the Organic Law on Personal Data Protection (LOPDP) and…
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General Regulation to the Organic Law of National Solidarity, Delimitation of Corporate Purpose for Simplified Joint Stock Companies
Through the General Regulations to the Organic Law of National Solidarity (Executive Decree No. 54, Official Register Supplement 81 of July 15, 2025), a direct restriction is established on the activities of simplified joint stock companies (SAS) in Ecuador, which may not engage in the following activities: SAS companies incorporated prior to the publication date…
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Application of the Extended Producer Responsibility (EPR) Principle for Medicines and Pharmaceutical Products as provided in Ministerial Agreement MAATE-2023-134
On February 1, 2024, the Ministry of Environment, Water and Ecological Transition (MAATE) published Ministerial Agreement MAATE-2023-134 (hereinafter, the ‘Ministerial Agreement’) in Official Register No. 490, by which it issued the Technical Standard for the Application of the Extended Producer Responsibility Principle in the Comprehensive Management of Expired or Out-of-Specification Medicines and Pharmaceutical Products. This…
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New Organic Law on People with Disabilities
On July 3, 2025, the Organic Law on People with Disabilities was published in the Fourth Supplement No. 73 – Official Register, which represents a comprehensive reform of the existing regulations, aimed at guaranteeing fundamental rights and promoting the full inclusion of persons with disabilities in society. Key reforms of the new law in the…
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Reforms to the Organic Law of the National Public Procurement System Introduced by the Organic Law on Public Integrity (LOIP)
The Organic Law on Public Integrity (LOIP), published on June 26, 2025, in the Official Register, introduced a robust package of reforms to various legal frameworks, including the Organic Law of the National Public Procurement System (LOSNCP). The central aim of these reforms is to strengthen transparency, institutional ethics, preventive oversight, and the fight against…
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New statement from the Superintendence for the Protection of Personal Data (SPDP) on the relationship in the processing of personal data between Insurance Companies and Healthcare Facilities
In the exercise of the powers granted to it by the Organic Law on the Protection of Personal Data («LOPDP»), and through a non-binding opinion that does not generate general legal effects, the Superintendence for the Protection of Personal Data («SPDP»), through Official Communication No. SPDP-IRD-2025-0090-O, issued a response to the following inquiry: «Should insurance…
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Rules for the application of the remission of interest, fines, costs, and surcharges derived from taxes administered and collected by the Internal Revenue Service, as outlined in the Thirteenth Transitory Provision of the Organic Law of Public Integrity
Date: June 30, 2025 | Official Register Third Supplement No. 70; SRI Resolution No. NAC-DGERCGC25-00000015, dated June 27, 2025. Subject: Application of the remission regime for 100% of interest, fines, surcharges, and costs on tax obligations. Remission will be applied once payment of the principal is verified by December 31, 2025. Finally, payments that exceed…