Regulatory Alerts2020-10-08 | CIEX N° 51/2020Added · Updated
CIEX No. 51/2020: Requirements to Participate in Open Market Operations and Securities Operations for Fiscal Policy Purposes via the Electronic Auction System
The Central Bank of Bolivia establishes the requirements for financial entities and third parties to participate in open market operations and securities transactions for fiscal policy purposes through the Electronic Auction System. Direct participants, including authorized financial entities and stock agencies, must sign an Electronic Auction and Repo Contract and submit specific legal and tax documentation. Indirect participants, such as non-financial legal entities, investment funds, fiduciary entities, and natural persons, must be registered by a direct participant and provide entity-specific proof of constitution, tax registration, and operational authorization. The document supersedes Circular External SGDB No. 65/2019.