The Superintendence of Companies, Securities and Insurance held the presentation of its 2025 Accountability Report for the Quito Regional Superintendency on April 23. The event took place at the auditorium of Universidad Andina Simón Bolívar and included a review of management activities from both Quito and Ambato regional offices.
The report is important as it outlines how public resources were used and details compliance with regulatory responsibilities in both regions.
Superintendent Luis Cabezas-Klaere presided over the session, joined by Verónica Rodríguez Barco, regional superintendent for Quito, and Natalia González Sierra, regional superintendent for Ambato. Rodríguez presented the main results achieved by the decentralized operational entity, highlighting three main areas: a culture of prevention, transparency in the business sector, and adherence to regulations.
Rodríguez said there was increased compliance with obligations among companies. In 2025, a total of 26,695 companies submitted their financial statements compared to 16,506 in 2024. Training programs reached more than 4,500 participants across capital markets and corporate sectors. Regarding company formation in the year reported on, Rodríguez noted that out of nearly ten thousand new businesses created (9,905), most were simplified stock corporations (91%), followed by joint-stock companies (6%) and limited liability companies (3%). She also pointed out that digital services are advancing: “87% of new companies were formed electronically while only 13% used physical processes.”
In terms of regulatory compliance efforts during this period in Quito alone there were over one thousand targeted inspections conducted (1,175) along with more than eleven thousand sanctioning procedures initiated (11,501). For capital markets oversight there were forty-five approved public offerings exceeding six billion US dollars; meanwhile insurance sector controls involved more than three thousand five hundred activities.
The agency reported collecting over sixty-two million US dollars during this time frame with budget execution reaching nearly eighty-seven percent—an outcome officials say reflects efficient use of public funds.
