Rule · BCB · 18 May 2023 · CIEX N° 23/2023
Financial Intermediation Entities (EIFs) must submit written requests to the BCB's Financial Entities Management for liquidity credits supporting resolution procedures, attaching documentation verifying the awarded amount and date. This requirement applies to EIFs seeking liquidity support under the Legal Reserve Regulation modified by Board Resolution No. 75/2023 of May 11, 2023. The circular mandates the use of a specific attached format for these applications.
EXTERNAL CIRCULAR
La Paz, May 17, 2023
CIEX No. 23/2023
FROM: GENERAL MANAGEMENT
FINANCIAL ENTITIES MANAGEMENT TO: FINANCIAL INTERMEDIATION ENTITIES SUBJECT: FACILITATION OF LIQUIDITY CREDITS IN THE CONTEXT OF RESOLUTION PROCEDURES
Gentlemen:
The Central Bank of Bolivia (BCB), within the framework of the modifications to the Legal Reserve Regulation, approved by Board Resolution No. 75/2023 of May 11, 2023, informs all acquiring Financial Intermediation Entities (EIFs) that, to access liquidity credits for support of resolution procedures, they must submit their request via written application to the Financial Entities Management of the BCB, attaching the documentation supporting the awarded amount and the award date, according to the attached format.
Sincerely.
DIGITALLY SIGNED DOCUMENT
Rolando Jorge Olmos Alcalá FINANCIAL ENTITIES MANAGER Rubén Gonzalo Ticona Chique GENERAL MANAGER Validate digital signatures at: validar.firmadigital.bo RGTCH/RJOA/pmms/pjhc Adj. As cited
La Paz, __ of _________, 2023 REFERENCE:
Sir
…….
Manager of Financial Entities CENTRAL BANK OF BOLIVIA Present. - Ref.: REQUEST FOR LIQUIDITY CREDITS FOR SUPPORT OF RESOLUTION PROCEDURES
We have the honor to address you:
In the framework of the Legal Reserve Regulation, approved by Board Resolution of the Central Bank of Bolivia (BR) No. 076/2022 of August 26, 2022, and its modification approved with BR No. 075/2023 of May 11, 2023, we request a liquidity credit for Bs [Amount in numbers and letters], for which effect we attach support for the awarded amount and award date.
Without further matters, we salute you attentively.
Authorized Signature 1 registered at BCB Authorized Signature 2 registered at BCB
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“In the framework of the Legal Reserve Regulation, approved by Board Resolution of the Central Bank of Bolivia (BR) No. 076/2022 of August 26, 2022”
“within the framework of the modifications to the Legal Reserve Regulation, approved by Board Resolution No. 75/2023 of May 11, 2023”
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