Monday April 9 2018

News Source: Global Exchanges

Focus: Other

Type: General

Country: Bolivia

Link: https://bit.ly/2qhfaFa




On 4th April 2018, the Banco Central de Bolivia (BCB) published a Circular which outlines the deadlines for market participants to connect with the Deferred Settlement Module (MLD) or a Clearing and Settlement Chamber. This transition will allow participants to make the electronic funds transfer service available to their account holders.

The Circular states that all members of the Integrated Payment Settlement System have until 12th October 2018, to connect to the MLD or to a Compensation and Liquidation Chamber.

The Supervision Authority of the Financial System within the framework of its powers established in Law No. 393 of Financial Services shall monitor compliance with these measures.

For additional information please click the link above.