Regulatory Alerts2004-06-01 | Resolución 077/2004Added · Updated
Resolution 077/2004
The Board of Directors of the Central Bank of Bolivia amends Article 22 of the Internal Regulations for Operations under the ALADI Reciprocal Payments and Credits Agreement, reducing the maximum limit for outstanding payment instruments issued by authorized institutions from 20% to 10% of their monthly reported accounting equity. This modification enters into force on July 1, 2004, and prohibits authorized institutions with indebtedness exceeding this new 10% threshold from issuing or guaranteeing payment instruments until they comply with the limit.
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