Regulatory Alerts2022-07-01 | Resolución SBS 2082-2022Added · Updated
Resolution SBS No. 2082-2022: Establishes Prudential and Accounting Clarifications for COOPAC Regarding Repayment of Credits Guaranteed by the FAE-TURISMO Fund
Resolution SBS No. 2082-2022 establishes that credit portions guaranteed by the FAE-TURISMO fund are subject to the same prudential treatment as those guaranteed by the FAE-MYPE fund under Resolution SBS No. 2364-2020. It specifies that the 50% exceptional limit on the effective equity of COOPAC applies to the total coverage granted by FAE-TURISMO, regardless of whether the credits are reprogrammed under Urgency Decree No. 004-2022. The resolution also modifies the Accounting Manual for COOPACs, with the new provisions becoming effective for information corresponding to June 2022.