Quevedo & Ponce - Noticias Legales

Protection Action in Defense of Galapagos Turtles and Iguanas: Guaranteeing the Rights of Nature and Biodiversity

In 2022, it was discovered that endemic species from the Galapagos archipelago were being illegally traded in countries such as Uganda, Mali, and Switzerland, as well as on online platforms.

Faced with this alarming situation, our partner Milton Castillo filed a protection action that resulted in a favorable ruling. This ruling orders the Ministry of Environment, Water, and Ecological Transition of Ecuador (MAATE) to manage the transfer of the following species from Appendix II to Appendix I in the Convention on International Trade in Endangered Species of Wild Fauna and Flora (CITES):

  • Amblyrhynchus cristatus
  • Conolophus marthae
  • Conolophus subcristatus
  • Conolophus pallidus (Iguanas)
  • Chelonoidis nigra (Galapagos Tortoise)

Species listed in Appendix I of CITES cannot be commercially traded and can only be exported for research purposes, thus providing a higher level of protection compared to species in Appendix II, which can still be traded under strict international parameters.

Judge Viviana Pila, in her ruling, emphasized the violation of the precautionary principle established in the Constitution of Ecuador, highlighting the need to prevent potential harm and protect the rights of nature.

At Quevedo & Ponce, we are deeply committed to the fight against the illegal trafficking of species in the Galapagos Islands. This issue not only threatens the rich biodiversity of the archipelago but also endangers the survival of unique species worldwide. We work tirelessly to ensure that the Galapagos archipelago continues to be a symbol of Ecuador’s extraordinary biodiversity.

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New Regulation on Communal and Savings Funds Strengthens Local Financing and Financial Inclusion

New Regulation on Communal and Savings Funds Strengthens Local Financing and Financial Inclusion

The Financial Policy and Regulation Board of Ecuador issued Resolution No. JPRF-F-2025-0154, which reforms the legal framework for community savings and loan funds. The regulation seeks to strengthen local financing and financial inclusion, particularly in rural and urban-marginal areas. Among its provisions, it requires that these funds are established as legal entities, obtaining authorization from the Superintendency of Popular and Solidarity Economy (SEPS), and operate exclusively among individuals with common purposes. In addition, it sets asset limits, imposes restrictions on advertising and branch offices, and establishes transparency and corporate governance obligations.

Nueva normativa para cajas comunales y de ahorro fortalece el financiamiento local y la inclusión financiera

Nueva normativa para cajas comunales y de ahorro fortalece el financiamiento local y la inclusión financiera

La Junta de Política y Regulación Financiera del Ecuador emitió la Resolución No. JPRF-F-2025-0154, que reforma el marco legal de las cajas comunales y de ahorro. La normativa busca fortalecer el financiamiento local y la inclusión financiera, sobre todo en zonas rurales y urbano-marginales. Entre sus disposiciones se exige que las cajas se constituyan como personas jurídicas, obtengan autorización de la SEPS y solo operen entre personas con vínculos comunes. Además, se establecen límites patrimoniales, restricciones en publicidad y oficinas, y obligaciones de transparencia y gobierno corporativo.

Asset Regulation for Travelers under the Organic Law for the Prevention, Detection, and Eradication of Money Laundering and Crime Financing.

Asset Regulation for Travelers under the Organic Law for the Prevention, Detection, and Eradication of Money Laundering and Crime Financing.

Starting July 29th, the National Customs Service of Ecuador (SENAE) is implementing a new mandatory requirement for travelers: the online declaration of values exceeding USD 10,000, in compliance with the Organic Law for the Prevention, Detection, and Eradication of Money Laundering and Crime Financing. This regulation aims to reinforce transparency and combat illicit activities in capital movements.

Regulación de activos para viajeros bajo la Ley Orgánica de Prevención, Detección y Erradicación del Delito de Lavado de Activos y del Financiamiento de Delitos.

Regulación de activos para viajeros bajo la Ley Orgánica de Prevención, Detección y Erradicación del Delito de Lavado de Activos y del Financiamiento de Delitos.

A partir del 29 de julio, el Servicio Nacional de Aduana del Ecuador (SENAE) implementa una nueva obligatoriedad para los viajeros: la declaración en línea de valores superiores a USD 10.000, en cumplimiento de la Ley Orgánica De Prevención, Detección Y Erradicación Del Delito De Lavado De Activos Y Del Financiamiento De Delitos. Esta regulación busca reforzar la transparencia y combatir actividades ilícitas en los movimientos de capitales.

New Regulation for the Calculation of Fines in the Field of Personal Data Protection

New Regulation for the Calculation of Fines in the Field of Personal Data Protection

The Superintendence for the Protection of Personal Data (SPDP) has issued the Regulation for the Application of the Methodology for the Calculation of Fines in the Administrative Sanctioning Regime, along with the Models for Calculating the Amount of Administrative Fines. This regulation complements the Organic Law on the Protection of Personal Data (LOPDP) and its General Regulation (RLOPDP), strengthening the sanctioning framework and its practical application in Ecuador.

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