Regulatory Alerts2012-05-22 | Resolución 059/2012Added · Updated
Resolution 059/2012
The Central Bank of Bolivia amends Article 17 of the Payment Services Regulation to specify that the Board of Directors determines maximum tariffs, commissions, and other charges for payment instruments and services via Board Resolution. The amendment also mandates that the Central Bank report any identified regulatory non-compliance to the Financial System Supervision Authority (ASFI) for corresponding proceedings. These changes take effect immediately upon approval.