Regulatory Alerts2021-11-18 | RESOLUCIONES DE DIRECTORIO N° 129/2021Added · Updated
Board Resolution No. 129/2021
The Central Bank of Bolivia amends the Payment Services, Electronic Payment Instruments, Compensation and Settlement Regulation to mandate that financial entities verify providers possess an authorized electronic invoicing system before processing basic service payments via electronic channels. Financial institutions must implement online invoicing for payment services concluding with invoice issuance and enable electronic banking channels for all account holders by December 31, 2021, with a six-month grace period for late adopters. The resolution also requires the Central Bank to issue non-objection opinions on the Internal Operating Regulations of Compensation and Settlement Chambers, Securities Depository Entities, and Payment Service Entities, while the Financial System Supervisory Authority retains verification duties.
More like this from BCB
BCB published 5 documents in the last 30 days. We email you each new one the day it's published.