The Superintendency of Market Power Control (SCPM) published the "Methodology for the identification, review, and elimination of regulatory barriers" on November 5, 2020. It will serve as a guide to remove regulatory barriers to promote the participation of various operators in the market.
Regulatory improvement based on the identification, review, and elimination of market entry barriers
The Superintendency of Market Power Control (SCPM) published the "Methodology for the identification, review, and elimination of regulatory barriers" on November 5, 2020. It will serve as a guide to remove regulatory barriers to promote the participation of various operators in the market.
The economic crisis, worsened by the pandemic, has forced Ecuador to place greater emphasis on its interest in attracting national and foreign investment. Several measures and mechanisms have been designed to achieve this objective.
Test data is the necessary information required by the health Authority to approve the marketing of a medicine or agricultural chemical product in order to guarantee its safety and efficacy.
Why can having a secondment lawyer be advantageous for a company? The needs in the field of business have changed over time; having quality legal advice at the right time has become essential.
By legal provision, previously, acts and contracts had to be performed and granted before a Notary Public as a single act. Thus, all the deeds and some proceedings conclude with the famous phrase "before me, in my presence as a single act, to which I attest.-"
The administrative authority and one or more private parties intervene in the vast majority of administrative procedures regarding Intellectual Property. Once this stage has been exhausted, resolutions issued by the National Intellectual Rights Service (SENADI) can be judicially challenged before the competent Administrative Contentious Court.
According to Ecuadorian law employees are entitle to 8 legal leaves of absence, as detailed below:
If we ask any passenger about their next trip, we find that most of them think that during the flight they are in the hands of the pilot and we tend to think the same way. Well, the truth lies in the fact that no flight crew can operate without a large team of people doing their groundwork.
The main advantage of the Simplified Joint-Stock Company is its flexibility to adapt to the particularities of each business. Its formation process is very agile and its shareholders have ample freedom to establish the rules of its operation in the bylaws.
By Ministerial Agreement No. 00126-2020 of March 11, 2020, the Ministry of Health declared a state of sanitary emergency in Ecuador due to the COVID-19 virus pandemic. Subsequently, by Executive Decree No. 1017 of March 16, 2020, the President of the Republic declared a state of emergency throughout the national territory. Consequently, various resolutions and administrative provisions have been established to regulate public management and the relations between the Public Administration and those administered.
Article 175 of the 2006 Health Law required medicines suppliers to exchange products that are about to expire in accordance with "... with what the corresponding regulation establishes."