Regulatory Alerts2004-11-23 | Resolución 175/2004Added · Updated
Resolution 175/2004
The Board of Directors of the Central Bank of Bolivia approves the new Regulation for the Administration of International Reserves, replacing Resolution 139/2003. The regulation establishes investment criteria of liquidity, capital preservation, security, and profitability, defining two administration modalities: direct and delegated. It sets specific credit rating thresholds for eligible counterparties, such as A-2 or A for short and long-term ratings respectively, and mandates a minimum net worth of US$1 billion for non-bank and bank corporations. The document also outlines the structure of working and investment capital, authorized gold investment venues, and prohibits investments in offshore entities or subordinated debt.
More like this from BCB
BCB published 4 documents in the last 30 days. We email you each new one the day it's published.