Auditoría, incentivos...; estos son los principales puntos de la Ley para regular fundaciones

Auditoría, incentivos...; estos son los principales puntos de la Ley para regular fundaciones

Ecuador has enacted the Social Transparency Law, which mandates that non-profit organizations, including foundations and NGOs, comply with strict transparency and integrity standards. The legislation aims to prevent the misuse of funds for illicit activities, such as financing organized crime, by imposing rigorous auditing and reporting requirements. A public digital platform will consolidate data on these entities, enhancing accountability regarding their financial flows and beneficiaries. This system ensures that organizations operate in accordance with ethical codes and risk management protocols, promoting a culture of compliance and openness within the social sector. This development is crucial for open data, as it establishes a unified, publicly accessible repository of information about non-profit organizations. By making financial and operational details available, it enables greater societal oversight, fosters trust, and supports initiatives that rely on transparent datasets to monitor civil society activities.

Source: teleamazonas.com
Published on 2025-08-27