Regulatory Alerts2024-07-12 | RESOLUCIONES DE DIRECTORIO N° 090/2024Added · Updated
Board Resolution No. 090/2024
The Central Bank of Bolivia modifies Article 20 of the Internal Gold Purchase Regulation to establish a 95% advance payment to sellers, calculated based on the net weight, preliminary gold purity, and purchase price. The resolution also updates Annex I to define calculation methodologies and premium/discount percentages based on gold quantity and periodic sales, while incorporating Annex V to allow the exchange of unused Gold Export Certificates for a one-time 1% premium. These changes apply to gold sellers transacting with the Central Bank of Bolivia and take effect upon publication.
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