Regulatory Alerts2011-10-25 | Resolución 140/2011Added · Updated
Resolution 140/2011 Approving the New Internal Regulation for Operations under the ALADI Reciprocal Payments and Credits Convention
The Board of Directors of the Central Bank of Bolivia approves a new Internal Regulation governing operations through the ALADI Reciprocal Payments and Credits Convention, replacing Resolution 145/2007. The regulation establishes eligibility criteria for Authorized Financial Institutions, including a minimum 12-month operational history and compliance with capital and liquidity requirements. It sets a maximum debt limit for payment instruments at 10% of the institution's reported accounting equity and defines maximum tenors for instruments based on credit ratings ranging from one to five years. Authorized Institutions are prohibited from facilitating capital movements, pure financial operations, or triangular trade, and face sanctions including written warnings, temporary suspensions, or definitive bans for non-compliance.
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