Regulatory Alerts2000-11-07 | Resolución 080/2000Added · Updated
Resolution 080/2000 Modifying the Legal Reserve Regulation
The Board of Directors of the Central Bank of Bolivia amends the Legal Reserve Regulation to update reserve requirements, definitions, and operational procedures for financial institutions. Key changes include introducing reserve requirements for foreign branches capturing resources in Bolivia, standardizing reserve rates at 2% for cash and 10% for securities, and consolidating reserve accounts into single accounts per currency. The resolution also modifies the administration of reserve funds, liquidity loan terms, and interest rate determination mechanisms, with the new rules entering into force on January 1, 2001.
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