Regulatory Alerts2005-01-18 | Resolución 010/2005Added · Updated
Resolution 010/2005
The Board of Directors of the Central Bank of Bolivia amends Articles 2, 21, 22, 26, 28, and 33 of the Legal Reserve Regulation to replace references to 'trustees' and 'trust' with 'delegated administrators' and 'delegated administration' regarding the investment of resources from the Legal Reserve Fund. The General Management is instructed to draft amendments to contracts with financial entities participating in the Legal Reserve Fund to incorporate these changes, while the Presidency and General Management are charged with executing and ensuring compliance with this resolution.
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