Efectos de la aplicación de las normas para las instituciones del sistema de seguro privado sobre prevención de lavado de activos, financiamiento del terrorismo y otros delitos, emitida por la junta de política y regulación monetaria y financiera, en las empresas de seguros en la ciudad de Quito durante el año 2023.

Abstract

The article addresses the problem of money laundering, terrorist financing and other crimes in Ecuador, points out that the dollarization of the country, the difficulties in the banking system and the growth of the drug market have turned Ecuador into a center for these illicit activities, to face these threats, the Monetary and Financial Policy and Regulation Board has established rules aimed at insurance companies, In order to prevent money laundering and the financing of terrorism and other crimes, they detail the specific procedures and strategies that companies must follow to implement them properly, this includes the creation and updating of prevention manuals, the adoption of due diligence measures and the importance of maintaining the confidentiality of suspicious transactions, the analysis focuses on the effect of these regulations on insurance companies in Quito during 2023, identifying problems in the application of the rules, determining their organizational structure and the methods of evaluating potential customers to ensure regulatory compliance.