Regulatory Alerts2016-11-29 | RESOLUCIONES DE DIRECTORIO N° 222/2016Added · Updated
Board Resolution No. 222/2016
The Board of Directors of the Central Bank of Bolivia amends the Regulation for the Direct Sale of Securities to Natural Persons through Electronic Means to remove the requirement that buyers hold an account in a Bolivian financial entity participating in the ACH system. This change allows non-residents and Bolivians residing abroad to purchase securities directly from the Central Bank via its web sales system. The resolution also updates references to the Open Market Operations Regulation and transfers the authority for defining offered securities and their conditions from the general direct sale mechanisms to the Central Bank's Open Market Operations Committee. The resolution enters into force on the date of its approval.
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