Regulatory Alerts2002-10-22 | Resolución 124/2002Added · Updated
Resolution 124/2002
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 30% to 20% of their monthly reported accounting equity. This modification enters into force on January 2, 2003, and prohibits authorized institutions with indebtedness exceeding 20% of their accounting equity on that date from issuing or guaranteeing payment instruments until they comply with the new limit.
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