Regulatory Alerts2023-12-28 | RESOLUCIONES DE DIRECTORIO N° 167/2023Added · Updated
Board Resolution No. 167/2023
The Central Bank of Bolivia amends Articles 13 and 16 of the Currency Material Administration Regulation to authorize the outsourcing of banknote processing to authorized Third-Party Managers (ETMs) under conditions established by the Bank. The amendments introduce quality control thresholds, requiring the return of any daily batch containing more than 1% of misclassified or unsorted notes, which must be redeposited with the Issuer on the same day. These changes apply to the processing of both unfit and fit banknote packages and take effect upon publication of the resolution.
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