RegAlert2022-08-31 | CIEX N° 41/2022Added · Updated
CIEX No. 41/2022: Legal Reserve Regulation
The Central Bank of Bolivia approved the new Legal Reserve Regulation via Board Resolution No. 076/2022, which consolidates previous modifications and extends the deadlines for the CPVIS II and FIUSEER funds. This regulation applies immediately upon publication and explicitly repeals nine prior External Circulars (CIEX Nos. 7/2020, 33/2020, 46/2020, 2/2021, 10/2021, 27/2021, 49/2021, 2/2022, and 29/2022). Financial intermediation entities are required to comply with the consolidated rules effective from the date of publication.
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EXTERNAL CIRCULAR
La Paz, August 31, 2022
CIEX No. 41/2022
FROM: GENERAL MANAGEMENT
FINANCIAL ENTITIES MANAGEMENT
TO: FINANCIAL INTERMEDIATION ENTITIES
SUBJECT: LEGAL RESERVE REGULATION
Gentlemen:
The Central Bank of Bolivia (BCB) notifies Financial Intermediation Entities that the BCB Board of Directors approved the new Legal Reserve Regulation via Board Resolution No. 076/2022 dated August 26, 2022, available on the BCB website www.bcb.gob.bo, applicable from its publication.
The new Regulation consolidates the modifications made to date with the purpose of having an orderly normative instrument for its application and incorporates the extension of deadlines for the CPVIS II and FIUSEER funds.
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Lineage: In force
Timeline
This document supersedes: CIEX No. 29/2022: Modification of the Legal Reserve Regulation, CIEX No. 2/2022: Constitution of the Fund for Credits Destined to the Productive Sector - CPRO, CIEX No. 49/2021: Modification of the Legal Reserve Regulation, CIEX No. 27/2021: Constitution of the FIUSEER Fund, CIEX No. 46/2020: Modification of the Legal Reserve Regulation
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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