Regulatory Alerts2012-12-05 | SGDB N° 053/2012Added · Updated
SGDB No. 053/2012: Multilateral Net Debit Position Communication
The Central Bank of Bolivia establishes the procedure for financial entities participating in electronic clearing chambers and settlement services to communicate their Multilateral Net Debit Position (MNDP) limits. Participants must submit written requests to determine, increase, or decrease these limits, with modifications processed via the SIPAV system and communicated to clearing chambers before operations begin. Specific deadlines are set for initial compliance, requiring requests to be submitted by 16:00 on December 13, 2012, for the cycle starting December 14, 2012.
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