Regulatory Alerts2015-01-14 | RESOLUCION DE DIRECTORIO Nº 012/2015Added · Updated
Board Resolution No. 012/2015 Approving Modifications to the Custody of Securities Regulation
The Central Bank of Bolivia amends Articles 1 and 3 of the Custody of Securities Regulation to expand the scope of custodied items to include machinery or equipment and to introduce definitions for force majeure, fortuitous events, and vault environment. The resolution establishes a new Chapter IV detailing the procedures for public sector entities to deposit, store, and retrieve machinery or equipment, requiring an inter-institutional agreement, specific security protocols, and mandatory all-risk insurance coverage. The regulation becomes effective upon the date of approval of this resolution.
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