RegAlert2023-05-08 | RESOLUCIONES DE DIRECTORIO Nº 068/2023Added · Updated
Board Resolution No. 068/2023 - Modify the Legal Reserve Regulation for Financial Intermediation Entities
This resolution modifies Articles 38 and 41 of the Legal Reserve Regulation for Financial Intermediation Entities, restructuring the Incentive Fund for the Use of Electrical and Renewable Energy (FIUSEER) and the Fund for Credits destined to the Productive Sector (CPRO). It mandates the transfer of 70% and 75% of FIUSEER foreign currency resources not guaranteeing liquidity loans as of April 3 and April 24, 2023, respectively, to the CPRO foreign currency fund, along with 95% of national currency resources as of April 24, 2023. The CPRO Fund remains valid until March 31, 2025, and entities may request the return of their participation for sale to the Central Bank of Bolivia under the Foreign Exchange Operations Regulation.
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B O A R D
BOARD RESOLUTION No. 068/2023
SUBJECT: ECONOMIC POLICY ADVISORY AND FINANCIAL ENTITIES MANAGEMENT – MODIFY THE LEGAL RESERVE REGULATION FOR FINANCIAL INTERMEDIATION ENTITIES.
SEEN:
The Political Constitution of the State of February 7, 2009.
Law No. 1670 of October 31, 1995, of the Central Bank of Bolivia and its modifications.
Law No. 393 of August 21, 2013, of Financial Services.
Supreme Decree No. 4539 of July 07, 2021.
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Lineage: In force
Show all related documents (6)
- Amends
- Board Resolution No. 076/2022: Approval of the Legal Reserve Regulation for Financial Intermediation Entities2022
- Issued under
- Board Resolution No. 095/2022 Approving the Statute of the Central Bank of Bolivia2022Ley N.º 393, de 21 de agosto de 2013 — Ley de Servicios Financieros (Financial Services Law)2013Ley N.º 1670, de 31 de octubre de 1995 — Ley del Banco Central de Bolivia (Law of the Central Bank of Bolivia)1995Law dated 2009-02-07not in RegAlertRegulation No. 4539 dated 2021-07-07not in RegAlert
Timeline
This document amends: Board Resolution No. 076/2022: Approval of the Legal Reserve Regulation for Financial Intermediation Entities
Source: Banco Central de Bolivia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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