Regulatory Alerts2018-12-17 | Resolución SBS 4977-2018Added
SBS Resolution N° 4977-2018: Approve the Regulation of the National Registry of Savings and Credit Cooperatives Not Authorized to Capture Resources from the Public and of the Centrals and incorporate Procedure N° 178 in the TUPA of the SBS
Approves the Regulation of the National Registry of Savings and Credit Cooperatives Not Authorized to Capture Resources from the Public and of the Centrals, mandating their inscription in the Registry Coopac managed by the Superintendency. It establishes specific requirements for inscription, including financial statements, technical suitability declarations, and proof of technological support, while assigning operational levels based on total asset amounts. The text defines impediments for directors and managers, prohibiting individuals with certain criminal convictions, insolvency proceedings, conflicts of interest, or close kinship ties from holding these positions, and incorporates Procedure N° 178 into the Single Text of Administrative Procedures.
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