Regulatory Alerts2024-01-29 | RESOLUCIÓN DE DIRECTORIO N° 014/2024Added · Updated
Board Resolution No. 014/2024
The Central Bank of Bolivia amends its Gold Purchase Regulation by adding Articles 25 and 26 to establish Board approval for exporting gold for refining and define internal operational responsibilities for customs clearance. The resolution also updates Annex I to specify the calculation methodology for gold purchases and introduces a tiered premium or discount schedule based on transaction volume, ranging from -1.84% to 7.50%. Additionally, it authorizes periodic sales commitments of at least 50,001 grams with specific settlement terms and penalties for non-compliance. These changes take effect upon publication.
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