* The International Monetary Fund (IMF) has released a statement noting that it has concluded its Financial Sector Assessment Programme with Ecuador, and warns that the “institutional framework for financial sector oversight is complex, uncoordinated, and prone to political intervention”. In particular, the IMF noted that liquidity risks are high due to the limited ability of the central bank (BCE) and some financial institutions to provide liquidity. It stated that “to preserve confidence it is key to enhance capitalisation, promptly recognise loan losses, and address unviable institutions”.