Regulatory Alerts2006-08-15 | Resolución 064/2006Added · Updated
Resolution 064/2006
The Board of Directors of the Central Bank of Bolivia authorizes the Acting President and Acting General Manager to formally reiterate claims for extra-judicial credits owed by the liquidators of the forced liquidations of Banks Sur, Cochabamba, and BIDESA within three business days. The resolution instructs the Legal Affairs and Financial Entities Departments to submit documentation to the Comptroller General of the Republic to request a special audit of the liquidating agencies if the payments are not made within the established deadline. These credits arise from the Central Bank's subrogation of deposits following the forced liquidation of the aforementioned banks under Law No. 1488 and Supreme Decree No. 23881.
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