2023-05-16 | CIEX N° 22/2023Added · Updated
Financial Intermediation Entities (EIFs) must submit their request to the BCB's Financial Entities Management and International Operations Management one business day before processing the sale of US dollars derived from the reduction of their participation in CPVIS II, CPVIS III, FIUSEER, or CPRO funds. This requirement applies to transactions conducted in Foreign Currency (ME) under the Legal Reserve Regulation modifications approved by Board Resolutions 62/2023 and 68/2023. The document explicitly repeals Circular Externa CIEX No. 17/2023 dated April 17, 2023, and provides a standardized template for EIFs to formalize these requests.
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EXTERNAL CIRCULAR
La Paz, May 16, 2023
CIEX No. 22/2023
FROM: GENERAL MANAGEMENT
FINANCIAL ENTITIES MANAGEMENT
INTERNATIONAL OPERATIONS MANAGEMENT
TO: FINANCIAL INTERMEDIATION ENTITIES
SUBJECT: FOREIGN EXCHANGE OPERATIONS WITH RESOURCES FROM THE DECREASE IN PARTICIPATION IN CPVIS II, CPVIS III, FIUSEER, OR CPRO FUNDS
Gentlemen:
The Central Bank of Bolivia (BCB), within the framework of the modifications to the Legal Reserve Regulation, approved through Board Resolutions No. 62/2023 of April 12, 2023, and No. 68/2023 of May 2, 2023, notifies all Financial Intermediation Entities (EIFs) that to request the sale of US dollars originating from the decrease in their participation in the CPVIS II, CPVIS III, FIUSEER, or CPRO Funds, in Foreign Currency (ME), they must submit their request to the BCB's Financial Entities Management and International Operations Management one business day before processing the operation, according to the attached format.
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Amended 1 time · last 2023-08-16
This document supersedes: CIEX No. 17/2023: Foreign Exchange Operations with Resources from the Reduction of Participation in CPVIS II, CPVIS III, FIUSEER and/or CPRO Funds
Source: Banco Central de Bolivia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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