Regulatory Alerts2007-11-27 | Resolución 145/2007Added · Updated
Resolution 145/2007 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 under the ALADI Reciprocal Payments and Credits Convention, replacing Resolution 066/2006. The regulation establishes eligibility criteria for Authorized Financial Institutions, including a minimum 12-month operational history and compliance with reserve requirements. It imposes strict limits on payment instruments, capping outstanding values at 10% of reported equity and restricting tenors based on credit ratings from 6 months to 5 years. Authorized institutions are prohibited from facilitating capital movements, trade triangulation, or red clause letters of credit, and face suspension or definitive exclusion for repeated violations.
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