Iuris Dictio

Dossier I

No. 36 (2025)

Syndicated Loans in Ecuador: Treatment and Regulatory Challenges

DOI:
https://doi.org/10.18272/iu.i36.3945
Submitted
July 1, 2025
Published
2025-12-17

Abstract

This article analyzes the regulatory challenges faced by syndicated loans in Ecuador. It examines under international standard market practice the characteristics of syndicated loan agreements, the scope of typical contractual clauses in these types of transactions, and the applicable regime in Ecuador. The analysis identifies the limitations and conflicts that arise from applying the financial consumer protection regime to such contracts. Finally, the article proposes regulatory reforms aimed at differentiating the treatment of borrowers/consumers with the capacity to analyze legal and financial risks from consumers without such capacity, allowing for greater contractual freedom. Additionally, a review of the fee regime applicable to these transactions is suggested. The article concludes that a targeted reform of the regulatory framework is essential to strengthen the syndicated loan market, providing it with legal certainty and competitiveness.

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