Regulatory Alerts2001-11-20 | Resolución 118/2001Added · Updated
Resolution 118/2001 Approving the New Internal Regulation for Operations under the ALADI Payments and Reciprocal Credits Agreement
The Board of Directors of the Central Bank of Bolivia approves a new Internal Regulation governing operations through the ALADI Payments and Reciprocal Credits Agreement, effective January 2, 2002. The regulation establishes that authorized financial institutions may voluntarily channel payments for trade in goods and related services, subject to strict prohibitions on capital movements, pure financial operations, and triangular trade. It imposes a maximum debt limit of 30% of an institution's reported accounting equity and a maximum instrument maturity of one year, while defining specific sanctions for non-compliance, including temporary or definitive suspension from the system.
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