Rule · SIBOIF · 8 Jan 2010 · CD-SIBOIF-609-1-ENE8-2010
Point Four of Resolution No CD-SIBOIF-605-1-DIC9-2009 is amended to give banks, financial companies and insurance companies until 31 March 2010 to adjust their operating and technological systems to that standard. For the consumer credit portfolio disbursed through credit cards, the adjustment deadline is 31 January 2010. The resolution enters into force upon notification, without prejudice to its publication in La Gaceta Diario Oficial.
Resolution No. CD-SIBOIF-609-1-ENE8-2010
Dated 08 January 2010
The Board of Directors of the Superintendency of Banks and Other Financial Institutions, after deliberations thereon,
That based on the power granted by article 3, numerals 3 and 13, and article 10, numeral 7, of Law 316, Law of the Superintendency of Banks and Other Financial Institutions, and its reforms contained in Law 552, Law of Reforms to the aforementioned Law 316; In use of its powers,
CD-SIBOIF-609-1-ENE8-2010
First: Reform Point Four of Resolution No. CD-SIBOIF-605-1-DIC9-2009, issued by this collegiate body in session dated 09 December 2009, which shall read as follows:
“Fourth: Banks, financial companies and insurance companies shall have until 31 March 2010 to adjust their operating and technological systems to the provisions contained in this standard, except for the provisions in these articles for the consumer credit portfolio disbursed through credit cards, for which the deadline to adjust shall be until 31 January 2010.”
Second: This resolution shall enter into force upon its notification, without prejudice to its publication in La Gaceta Diario Oficial. (f) J. Rojas R. (f) V. Urcuyo V. (f) Gabriel Pasos Lacayo (f) Fausto Reyes B. (f) Illegible (Silvio Casco Marenco) (f) U. Cerna B.
URIEL CERNA BARQUERO
Secretary Board of Directors SIBOIF
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“First: Reform Point Four of Resolution No. CD-SIBOIF-605-1-DIC9-2009, issued by this collegiate body in session dated 09 December 2009, which shall read as follows:”
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Source: Superintendencia de Bancos y de Otras Instituciones Financieras — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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