Regulatory Alerts2014-09-16 | RESOLUCIÓN DE DIRECTORIO N° 119/2014Added · Updated
Board Resolution No. 119/2014 Approving the Regulation for the Administration of International Reserves
The Board of Directors of the Central Bank of Bolivia approves a new Regulation for the Administration of International Reserves, replacing previous resolutions 075/2012, 156/2012, 057/2013, and 027/2014. The regulation establishes investment criteria prioritizing security, capital preservation, liquidity, diversification, and profitability, and structures reserves into a Precautionary Tranche and an Investment Tranche. It defines specific limits for delegated administration (15% total, 5% per institution), gold holdings (up to 500 kg locally), and credit risk thresholds, while prohibiting investments in offshore entities.
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