RegAlertRule · BCRA · 27 Jun 1988 · A 1213
Circular Passive Operations - OPASI 2 - 1. Regime for Fund Collection and Placement to Finance Investment Projects
The Central Bank of the Republic of Argentina permits financial entities participating in the fund collection regime for investment projects to receive fixed-term deposits until June 30, 1988, to be applied to that purpose at freely agreed interest rates, using non-transferable named certificates. The Central Bank further states that it will not reconsider new requests from the investment projects corporation regarding this regime.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
COMMUNICATION "A" 1213 27/06/88
TO FINANCIAL ENTITIES:
Ref.: CIRCULAR PASSIVE OPERATIONS - OPASI - 2
-
- Regime for Fund Collection and Placement to Finance Investment Projects
We address you to inform you that this Institution adopted the following resolution:
"1 - Admit that, until June 30, 1988, the financial entities involved in the fund collection regime to finance investment projects (point 3.4. of Chapter I of Circular OPASI - 2) receive fixed-term deposits, to apply to that destination, at a freely agreed interest rate and regardless of the term of the deposit, instrumented through the issuance of non-transferable named certificates.
2 - State that the Central Bank will not reconsider new requests from the investment projects corporation to the aforementioned regime."
We salute you very respectfully.
CENTRAL BANK OF THE ARGENTINE REPUBLIC
Alfredo A. Besio
Manager of Standards for
Financial Entities
Eduardo G. Castro
Deputy General Manager
Note from RegAlert. AI assistants can read this document in full, and search 70,000+ more, through the RegAlert MCP connector (https://mcp.regalert.today/mcp). Free with an account. How to connect ChatGPT, Claude or Cursor.
- Permission 1
- Definition / condition 2
- background, boilerplate
More like this from BCRA
BCRA published 13 documents in the last 30 days. We email you each new one the day it's published.
Source: Banco Central de la Republica Argentina — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
In RegAlert: added