Regulatory Alerts2018-10-29 | 038 2018 SGDB EXTAdded · Updated
Circular SGDB No. 038/2018: Requirements to Participate in Open Market Operations and Fiscal Policy Securities Operations via the Electronic Auction System
The Central Bank of Bolivia establishes the documentation requirements for direct participants, including banks, investment fund managers, and insurance companies, to sign the Electronic Auction and Repo Contract for participation in public auctions and Money Market operations. It further mandates that indirect participants, defined as non-financial natural or legal persons, must be sponsored by an authorized direct agent who submits specific identification and incorporation documents to the Central Bank's Monetary Operations Management. These requirements apply to entities licensed by the Financial System Supervision Authority (ASFI) or the Pension and Insurance Supervision and Control Authority (APS).
Topics
monetary
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