Resolution No. JPRM-2024-018-M (“Resolution”), issued on September 4, 2024, by the Monetary Policy and Regulation Board (“JPRM”), enacted the “Regulation governing payment methods, systems and fintech activities in Ecuador.”
Resolution No. JPRM-2024-018-M, issued on September 4, 2024, by the Monetary Policy and Regulation Board, enacted the “Regulation governing payment methods, systems and fintech activities in Ecuador.”
Through Press Bulletin No. 70 dated September 2, 2024, the Ecuadorian government, through the Ministry of Energy and Mines and the Ecuadorian Electricity Corporation, announced an international public tender for the development of several projects involving the construction of civil works, supply of materials, equipment, electromechanical assembly, testing, and commissioning of the 500-kilovolt (kV) Electric Interconnection System between Peru and Ecuador.
El 11 de julio de 2024, la Corte Constitucional emitió la sentencia 59-19-IN/24 (“Sentencia”), en la que declaró la inconstitucionalidad del Acuerdo Ministerial 0341-2019 “Aplicación de la Historia Clínica Ocupacional” (el “Acuerdo”) expedido por el Ministerio de Salud y los formularios respectivos por vulnerar los derechos de intimidad y protección de datos personales.
Resolution No. SPDP-SPDP-2024-0001-R introduces the Organic Statute of Organizational Management by Start-up Processes in the SPDP, hereinafter referred to as the "Statute". This Resolution, effective as of August 2, 2024, establishes the basis for efficient and transparent management of the Institution.
Through Resolution NAC-DGERCGC24-00000030, the Internal Revenue Service regulated the declaration and payment of income tax self-withholdings applicable to large taxpayers.
On March 11, 2024, The Constitutional Court issued the ruling 878-20-JP/24, which analyzes the Maternity Leave in case of death of children.
On July 29, 2024, the Ministry of Labor issued the Ministerial Agreement No. MDT-2024-099, which extends the deadline for the registration of "Equality Plans" until July 31, 2025.
Through Official Letter DADM-MP-01, the Ministry of Home Affairs issued the “Donation Process Manual”, which regulates the process to donate equipment and supplies to the National Police and access the 150% additional deduction for the calculation of income tax.
Through Executive Decree 333 of July 12, 2024, published in the Third Supplement of the Official Registry 600 on July 15, 2024, the Public Procurement Law Regulations were amended.
Since 2021, Ecuador has enacted the Inclusive Circular Economy Law. This legislation establishes mechanisms for transitioning from a linear economy to an inclusive circular economy. It recognizes waste as a potential economic resource and aims to economically integrate waste pickers.
The Executive Decree 313 issued June 27, 2024, by the President of the Republic of Ecuador regulates the Unique Income Tax for Sports Betting Operators.