Regulatory Alerts2014-09-09 | SGDB N° 038/2014Added · Updated
SGDB No. 038/2014: Submission of LIP System Information via Email
The Central Bank of Bolivia requires financial institutions, ACCL S.A., and EDV S.A. participating in the Integrated Payments Liquidation System (LIP) to submit written email addresses of authorized officials to the Bank's Financial Entities Management. These officials are designated to receive communications regarding the activation of the LIP system for specific reserve fund operations and urgent notices. The directive mandates that the system remains closed to other operations until such activation communication is received.
/ DGD-VUC l-1) I O T1M 00- EXTERNAL CIRCULAR OF THE CENTRAL BANK OF BOLIVIA La Paz, September 09, 2014 SGDB No. 038/2014 FROM: GENERAL MANAGEMENT FINANCIAL ENTITIES MANAGEMENT TO: PARTICIPANTS IN THE INTEGRATED PAYMENTS LIQUIDATION SYSTEM (LIP) (FINANCIAL ENTITIES, ACCL S.A., EDV S.A.) SUBJECT: SUBMISSION OF INFORMATION FROM THE INTEGRATED PAYMENTS LIQUIDATION SYSTEM (LIP) VIA EMAIL.
Ladies and Gentlemen: The Central Bank of Bolivia (BCB) requires your institution to submit in writing to the BCB's Financial Entities Management the email addresses of authorized officials to receive information related to the Integrated Payments Liquidation System (LIP) regarding:
• Communication of the system's activation on the days of legal reserve constitution/withdrawal in the RAL Fund, with the system being opened from 09:00 a.m. exclusively for E17 and E08 type operations corresponding to the liquidation of the third ACH cycle, maintaining the prohibition on performing other types of operations until such communication. • Urgent communications
Sincerely,
WPP/MMV/ /Lj/APM Ayacucho and Mercado • Tel: (591-2) 2409090 • P.O. Box: 3118 www.bcb.gob.bo • bcb@bcb.gob.bo • La Paz-Bolivia