Regulatory Alerts2022-10-04 | RESOLUCIONES DE DIRECTORIO Nº 093/2022Added · Updated
Board Resolution No. 093/2022
The Board of Directors of the Central Bank of Bolivia amends Articles 6 and 8 of the Regulation on Incentives for the Recovery of Receivables. Article 6 expands the scope of subrogation payments eligible for incentives to include guarantors, heirs of debtors and guarantors, and co-owners whose property was encumbered by judicial measures, while excluding other third-party payments. Article 8 stipulates that pending judicial withholdings or deposits cannot be considered in the liquidation for debt forgiveness and must be released judicially if the debtor pays the obligation. These modifications enter into force upon publication of the resolution.
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