What is the EOSF (Decree 663 of 1993)?

Renewable Energy

It is Colombia's Organic Statute of the Financial System: the rule defining what financial activity is and who may carry it out.

Example: it is the law that makes taking public money without a banking license illegal, and the reason this model is structured as a share purchase rather than a deposit.

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What is the EOSF (Decree 663 of 1993)? | FAQ | Circular Urban