Share on LinkedInShare on LinkedIn

ARTICLE · 16 MARCH 2005

New Information Requirements for Companies

In an attempt to ensure transparency and create a climate of legal certainty and security, the Ecuadorian Congress passed the Law on Transparency and Access to Public Information on May 18 2004. The new law strengthens principles of transparency and information which, although added to the Constitution in 1998, have largely not been implemented in practice, even in cases before Ecuador's Constitutional Court.

EcuadorCorporate/Commercial Law

By Juan Carlos Riofrío Martínez-Villalba and María Teresa Riofrío Martínez-Villalba

Originally published on International Law Office, September 2004

In an attempt to ensure transparency and create a climate of legal certainty and security, the Ecuadorian Congress passed the Law on Transparency and Access to Public Information on May 18 2004. The new law strengthens principles of transparency and information which, although added to the Constitution in 1998, have largely not been implemented in practice, even in cases before Ecuador's Constitutional Court. The law is part of a global trend to improve the right of access to information.

According to the new law, it is not only public companies that must provide public information, but also the following:

We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.

See more popular content from