Regulatory Alerts2015-09-01 | RESOLUCION DE DIRECTORIO N° 166/2015Added · Updated
Board Resolution No. 166/2015
The Central Bank of Bolivia amends the Regulation on Payment Services, Electronic Payment Instruments, Compensation and Settlement to redefine "Payment Order" as instructions for fund assignment or transfer via Payment Instruments, explicitly including electronic transfers, deposits, withdrawals, and e-money realization. The resolution expands interoperability and interconnection obligations to include Financial Intermediation Entities and all entities participating in payment systems authorized by the Financial System Supervisory Authority, in addition to existing Payment Service Entities, Clearing Houses, and Securities Depository Entities. These modifications enter into force on the date of approval of the resolution.
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