Notice to Circular 114-3 to money transfer houses
Summary — Notice to Circular 114-3 to money transfer houses of the Bank of the Republic of Haiti — an instrument published alongside circular 114-3 to money transfer houses, not the circular itself. Circulars are the operative prudential rules for supervised institutions, covering matters such as capital and liquidity requirements, credit-risk and governance standards, reserve requirements and foreign-exchange rules.
Key Findings
- The notice postpones the entry into force of Circular 114-3 on international funds transfers without counterpart to 3 October 2022, from an earlier date.
- The postponement is stated to follow consultation with stakeholders, so the delay is a negotiated one and the notice says so rather than presenting it as a technical adjustment.
- It is dated 2 September 2022 and signed by the Deputy Governor, one month before the new date takes effect.
- The same date recurs in the corpus: the additional note to Circular 114-3, issued on 3 October 2022, immediately suspended two of the circular's obligations for three months. Read together, the circular took effect on the day part of it was put on hold.
Full Document Text
Extracted text from the original document for search indexing.
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Lt
S Banque de la République d'Haïti
AVIS
AUX BANQUES ET MAISONS DE TRANSFERTS
La Banque de la République d'Haïti (BRH). après consultation avec les parties prenantes, avise
les banques et maisons de transferts que l'entrée en vigueur de la circulaire 114-3 portant sur les
transferts de fonds internationaux sans contrepartie est reportée au 03 octobre 2022.
Port-au-Prince, le 02 Septembre 2022
sl
ges Henry
Gouverneur Adjoint
@ www.brh.ht |Angle des rues Pavée et du Quai, Port-au-Prince, Haïti | Téléphones: (509) 22.99.12.00 / 22.99.12.01 | % @BRHHaïti | Br
How to cite
Banque de la République d'Haïti (BRH), 2022, Notice to Circular 114-3 to money transfer houses, https://www.brh.ht/wp-content/uploads/AVIS-Circulaire-114-3.pdf