Iuris Dictio

Dossier I

No. 36 (2025)

Artificial Intelligence in the Ecuadorian Financial System: A Regulation Still Pending

DOI:
https://doi.org/10.18272/iu.i36.3940
Submitted
June 26, 2025
Published
November 27, 2025

Abstract

The incorporation of artificial intelligence (AI) into Ecuador’s financial system poses significant regulatory challenges. Although the national banking sector is heavily regulated in terms of security and consumer protection, there are no specific provisions regarding the use of AI. This article, through a normative-comparative approach, analyzes regulatory experiences from the European Union, the United States, the United Kingdom, and Hong Kong, together with guidelines from the International Monetary Fund (IMF) and the Bank for International Settlements (BIS). The central question is how to adapt these international standards to the Ecuadorian legal-financial context. It concludes that the existing regulatory framework provides a solid foundation but must be complemented with specialized directives to ensure transparency, accountability, and security in the use of financial algorithms.

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Copyright (c) 2025 Tamara Maldonado Arizaga

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