2015-03-03 | SGDB N° 007/2015

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SGDB N° 007/2015

The Central Bank of Bolivia mandates that financial entities adopt version 2.01 of the Housing Price Index Information Capture System, introducing a new 'Concept Group' field for credit classification, enhanced consistency validators, and alerts for prices exceeding $5,000 per square meter. This version becomes effective on March 9, 2015, requiring February reports to be submitted in the new format and retroactive reports from February 2014 through January 2015 to be resubmitted by March 31, 2015. The update includes specific validation rules for property attributes such as age, land area, and construction costs to improve data quality.

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