The Central Bank of Colombia has published a draft regulation for public comment setting out an “scheme of pecuniary consequences” to apply in cases of delays and non-compliance. Comments are invited for 15 calendar days from publication, in line with the public consultation requirements referenced in Colombia’s Administrative Procedure and Contentious Administrative Code. The central bank also notes that any information submitted will be handled under Colombia’s personal data protection framework. The consultation window closes on 17 January 2025 at 5:00 p.m.
Central Bank of Colombia 2025-01-02
Central Bank of Colombia launches consultation on draft pecuniary consequences scheme for delays and non-compliance
The Central Bank of Colombia has released a draft regulation for public comment, proposing a "scheme of pecuniary consequences" for delays and non-compliance. The consultation aligns with Colombia’s Administrative Procedure and Contentious Administrative Code.