Regulatory Alerts2017-07-07 | SGDB N° 032/2017Added · Updated
SGDB N° 032/2017: Requirements to Participate in Open Market Operations via Electronic Auction System
The Central Bank of Bolivia establishes the specific documentation requirements for direct and indirect participants to bid in public auctions conducted through the Electronic Auction System (SSE). Direct participants, including banks, insurance companies, and pension fund administrators, must submit a written request along with copies of their constitutional deed, legal representation power of attorney, identity cards, tax registration certificates, commercial registry certificates, and operating licenses. Indirect participants, comprising natural and legal persons acquiring securities through an authorized agent, require the authorized agent to submit a written request including the participant's constitutional deed, operating license (if financial), tax registration, commercial registry certificate, or identity card (if natural person).