Regulatory Alerts2019-01-08 | RESOLUCIONES DE DIRECTORIO Nº 006/2019Added · Updated
Board Resolution No. 006/2019
The Central Bank of Bolivia sets the maximum limit for foreign investments by insurance companies at 7% of their investment resources for the 2019 fiscal year, reducing the previous limit of 10%. The resolution instructs the Insurance and Pension Supervisory Authority to authorize specific limits within this cap and establish an adaptation period for companies exceeding the threshold. It simultaneously revokes Board Resolution No. 006/2018.