CIEX No. 23/2023: Facilitation of Liquidity Credits in the Context of Resolution Procedures

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.

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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.

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Lineage: In force

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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