Regulatory Alerts2024-01-30 | RESOLUCIONES DE DIRECTORIO N° 016/2024Added · Updated
Board Resolutions No. 016/2024
The Central Bank of Bolivia amends its International Reserves Administration Regulation to authorize the sale of domestically purchased gold and its export from national customs territory, subject to Board approval. The resolution expands authorized investment operations to include gold sales and conversions, permits investments in Bolivia Global Bonds and specific international financial institution instruments, and mandates that gold transaction counterparties be members of the London Bullion Market Association. It also excludes Bolivia Global Bonds and certain asset swap instruments from credit and market Value at Risk (VaR) calculations.
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