Abstract
This article offers a regulatory-legal analysis of the evolution of the bank deposit insurance system in Ecuador, both prior to and following the implementation of dollarization. It undertakes a comparative examination of the institutional and normative frameworks governing deposit insurance and bank resolution in Ecuador, juxtaposed with the corresponding legal structures of Spain and the European Union. Particular emphasis is placed on evaluating the recommendations issued by the International Monetary Fund’s Financial Sector Assessment Program (FSAP) for Ecuador, especially insofar as they relate to reforms intended to enhance the institutional design and normative efficacy of the deposit insurance scheme, with the overarching aim of preserving financial system stability.
