Categoría: Legal Bulletin
-
Ministry of Labor Issues Ministerial Agreement MDT-2025-043 Amending the Regulation Governing the «Visto Bueno» Procedure
On March 17, 2025, Ministerial Agreement MDT-2025-043 was issued, amending Ministerial Agreement No. MDT-2024-041, which established the Regulation Governing the «Visto Bueno» Procedure, in the following terms: Amendments to the Regulation Governing the «Visto Bueno» Procedure: 1. On Appearance: Amended Article: The following bolded text was added to Article 4: «Art. 4 – On Appearance.…
-
EXTENSION OF THE USE OF LABELS ON PRODUCTS WITH A VAT RATE OF 12% UNTIL DECEMBER 31, 2024
On March 15, 2024, by means of Executive Decree No. 198, the President of the Republic decided to modify the general rate of Value Added Tax – VAT from 13% to 15%, for the year 2024, general rate that will be applicable as from April 1, 2024.
-
MANDATORY TECHNICAL GUIDE FOR THE REGISTRATION OF REPRESENTATIVES OF FOREIGN CONTROLLERS, JOINT CONTROLLERS, AND PROCESSORS CARRYING OUT PERSONAL DATA PROCESSING ACTIVITIES IN THE REPUBLIC OF ECUADOR.
On September 6, 2024, the Superintendence of Personal Data Protection issued the Technical Guide, which establishes the requirements for foreign Regulated Subjects operating in Ecuador to Designate a representative in the country. This aims to ensure the protection of Ecuadorian residents’ data, facilitating the exercise of their rights and ensuring compliance with the personal data…
-
THE EXECUTIVE BACKTRACKED ON THE DOUBLE VETO TO THE REFORM LAW OF SOCIAL SECURITY AND BIESS AND FINALLY SENT IT FOR PUBLICATION IN THE OFFICIAL REGISTER.
Less than a week ago, the Assembly and the Executive clashed over a second veto to the Reform Law of Social Security and the BIESS Bank Law sent from the Presidency. This law came into effect on July 22, 2024, and was finally sent for publication in Official Register No. 605. However, it announced that…
-
REFORMS TO THE STANDARD FOR THE CONTRACTING OF INSURANCE POLICIES AND PREPAID MEDICINE PLANS THROUGH ALTERNATIVE DISTRIBUTION CHANNELS
On July 4, 2024, the Financial Policy and Regulation Board, through resolution No. JPRF-S-2024-0116, amended the Standard for the Promotion and Contracting of Insurance Policies and Prepaid Comprehensive Health Care Plans through Alternative Distribution Channels. These reforms introduce significant changes to certain obligations of insurance and prepaid medicine companies when marketing their products through Alternative…
-
CODIFIED REGULATION FOR THE REGULATION OF HYDROCARBON PRODUCTS PRICE
By Executive Decree No. 308 of June 26, 2024, the President of the Republic of Ecuador, Daniel Noboa Azín, repealed the hydrocarbon products price Regulation issued by Executive Decree No. 338 of the year 2005 and issued the Codified Regulation for the Regulation of hydrocarbon products price(hereinafter “Regulation” or “Executive Decree”), which sets new prices…
-
GENERAL REGULATION TO THE ORGANIC LAW OF YOUTH
On March 20, 2024, the President of the Republic issued the Regulation to the Organic Law of Youth.
-
THE NEW ORGANIC LAW ON MENTAL HEALTH IS PUBLISHED IN THE OFFICIAL REGISTRY AND ENTERS INTO FORCE
On January 5, 2024, the new Organic Law on Mental Health was published in Supplement No. 471 to the Official Registry. This law introduces a series of regulations into the Ecuadorian legal framework aimed at promoting, fostering, and preventing mental well-being, recognizing mental health disorders as a public health issue.
-
OBLIGATIONS OF PROFESSIONAL FOOTBALL CLUBS REGARDING THE UAFE
Los Clubes u organizaciones dedicadas al fútbol profesional pertenecientes a la Serie «A» y Serie «B»
-
PRESIDENT DANIEL NOBOA DECRESS A STATE OF EMERGENCY NATIONWIDE
El 8 de enero de 2024, el Presidente de la República decretó el estado de excepción