RegAlert2023-08-16 | CIEX N° 35/2023Added · Updated
CIEX No. 35/2023: Foreign Exchange Operations with Resources from the Reduction of Participation in CPVIS II, CPVIS III, FIUSEER, or CPRO Funds
Financial Intermediation Entities must submit specific request models to the BCB's Financial Entities and International Operations Management one business day prior to processing foreign exchange sales of US dollars derived from reducing their participation in CPVIS II, CPVIS III, FIUSEER, or CPRO funds. The document mandates the use of Annex 1 for direct fund participation reduction requests and Annex 2 for requests involving the early cancellation of loans secured by such fund participation. This circular explicitly repeals the previous Circular Externa CIEX No. 22/2023 dated May 16, 2023.
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EXTERNAL CIRCULAR
La Paz, August 14, 2023
CIEX No. 35/2023
FROM: GENERAL MANAGEMENT
FINANCIAL ENTITIES MANAGEMENT
INTERNATIONAL OPERATIONS MANAGEMENT
TO: FINANCIAL INTERMEDIATION ENTITIES
SUBJECT: FOREIGN EXCHANGE OPERATIONS WITH RESOURCES FROM THE REDUCTION OF PARTICIPATION IN CPVIS II, CPVIS III, FIUSEER, OR CPRO FUNDS
Gentlemen:
In the framework of the modifications to the Legal Reserve Regulation, approved through Board Resolutions No. 62/2023 of April 12, 2023, No. 68/2023 of May 2, 2023, and No. 104/2023 of July 19, 2023, the Central Bank of Bolivia (BCB) notifies all Financial Intermediation Entities (FIEs) that to request the sale of US dollars originating from the reduction of their participation in the CPVIS II, CPVIS III, FIUSEER, or CPRO Funds, in Foreign Currency (FC), they must submit to the BCB's Financial Entities Management and International Operations Management one business day before processing the operation, considering the attached model forms for:
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Lineage: In force
Show all related documents (6)
- Supersedes
- CIEX No. 22/2023: Foreign Exchange Operations with Resources from the Decrease in Participation in CPVIS II, CPVIS III, FIUSEER, or CPRO Funds2023
- Issued under
- Board Resolution No. 104/20232023Board Resolution No. 076/2022: Approval of the Legal Reserve Regulation for Financial Intermediation Entities2022BR Resolution No. 104 dated 2023-07-19not in RegAlertBR Resolution No. 62 dated 2023-04-12not in RegAlertBR Resolution No. 68 dated 2023-05-02not in RegAlert
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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