2012-05-22 | Resolución 059/2012Added · Updated
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.
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BOARD RESOLUTION NO. 059/2012
SUBJECT: FINANCIAL ENTITIES MANAGEMENT – MODIFIES THE PAYMENT SERVICES REGULATION.
VIEWED:
The Political Constitution of the State approved by referendum on January 25, 2009, and promulgated on February 7, 2009.
Law No. 1670 of October 31, 1995 of the Central Bank of Bolivia (BCB).
Law No. 1488 of May 5, 2004 on Banks and Financial Entities and its subsequent modifications.
The BCB Statute approved by Board Resolution No. 128/2005 of October 21, 2005 and its subsequent modifications.
The Payment Services Regulation approved by Board Resolution No. 121/2011 of September 27, 2011.
The Report from the Financial Entities Management BCB-GEF-SANA-DSP-INF-2012-127 of May 16, 2012.
The Report from the Legal Affairs Management BCB-GAL-SANO-INF-2012-152 of May 18, 2012.
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This document amends: Resolution 121/2011 Approving the Payment Services Regulation
Source: Banco Central de Bolivia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works