Regulatory Alerts2012-02-07 | Resolución 016/2012Added · Updated
Resolution 016/2012 - Approval of Maximum Limit for Foreign Investments by Insurance Companies
The Board of Directors of the Central Bank of Bolivia reduces the maximum limit for foreign investments by insurance companies to ten percent (10%) of their investment resources for the 2012 fiscal year. This modification applies to investments in securities issued by entities established abroad, replacing the previous limit of twelve percent. The decision requires communication to the Pension and Insurance Supervisory Authority (APS) to authorize limits within this maximum threshold.