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LATEST

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Emerging Markets

Ecuador Orders 119 Investment Funds and Administrators to Raise Their Capital

The Rio Times · 2h ago · 🇧🇷 Brazil

Ecuador Orders 119 Investment Funds and Administrators to Raise Their Capital

ECUADOR · ECONOMY Key Facts —What happened: Ecuador has ordered fund and trust administrators to hold more of their own capital, scaled to what they manage. —Who it hits: The rule touches 85 active investment funds and 34 administrators, 119 entities in total. —The formula: A fixed US$400,000 plus a variable slice of assets under […] The post Ecuador Orders 119 Investment Funds and Administrators to Raise Their Capital appeared first on The Rio Times .

Read the full story at The Rio Times →

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