The institution adopted resolution allowing institutions to exclude foreign financing with an average term of at least 12 months from their Foreign Currency Spot Position.
Updated regulatory will be sent later to replace prior versions in the reference text.
On Jun. 26, ARG CB replaced rates for non-financial public sector.
ARG CB published Circular LISOL 1-1106, OPRAC 1-1286, REMON 1-1133, OPASI 2-735, Communication A 8264 to replace rates established in various consolidated texts.
Highlights
Replaced rates in sections 3.1.1. of Minimum Cash text; 3.1. of Net Global Position in Foreign Currency; 11.3. of the consolidated text on Bank Current Account Regulations.
Finally, in 9.3. of the consolidated text on Financing of the Non-Financial Public Sector.
Rate for calculation of default fee to be charged to financial institutions in securities purchase, sale transactions, with total Argentinian Wholesale Rate (TAMAR) for banks.
Effectiveness
Communication A 8264 comes into force on Jul. 1, 2025.
Jun. 30, 2025 ARG CB Official Publication
On Jun. 30, 2025, ARG CB published Communication A 8264 in the official gazette.
Jul. 2025 ARG CB Adjustments
On Jul. 10, 2025, ARG CB issued Circular LISOL 1-1112, Communication A 8276.
The Communication references adjustments to the net global foreign currency position.
Changes certain rates charged to financial institutions in securities purchase and sale transactions with ARG CB, with the Argentine Wholesale Rate (TAMAR) for banks.
Specifically, the rates provided in point 3.1.1 of the consolidated text on Minimum Cash; point 3.1 on Net Global Position in Foreign Currency, and other rates listed.
The changes made by Communication A 8276 are effective on Jul. 1, 2025.
Jul. 14, 2025 ARG CB Official Publication
On Jul. 14, 2025, ARG CB published Communication A 8276 in the official gazette.
It requires institutions to maintain their Net Global Foreign Currency Position daily.
If the Daily Foreign Currency Spot Position is negative, it may not exceed 30% of the computable capital liability (CPL) for the month before the corresponding month.
In addition, institutions are prohibited from increasing their Daily Foreign Currency Cash Position on the last business day of the month compared to the day before.
It must not also increase on final business day of the month relative to previous day.
The changes made by Communication A 8311 are effective on Dec. 1, 2025.
Sep. 3, 2025 ARG CB Update
On Sep. 3, 2025, ARG CB issued Circular LISOL 1-1117, Communication A 8316.
Published regulatory update on the Net Global Foreign Currency Position, based on the provisions disclosed in Communications A 8302 (point 2) and A 8311 (point 3).
Sep. 5, 2025 ARG CB Official Publication
On Sep. 5, 2025, ARG CB published Communication A 8316 in the official gazette.
The institution adopted resolution allowing institutions to exclude foreign financing with an average term of at least 12 months from their Foreign Currency Spot Position.
Updated regulatory will be sent later to replace prior versions in the reference text.
Regulators
ARG CB
Entity Types
Bank; MSB; Servicer
Reference
OG, 9/15/2025; Cir LISOL 1-1118, Com A 8325, 9/11/2025; OG, 9/5/2025; Cir LISOL 1-1117, Com A 8316, 9/3/2025; OG, 9/1/2025; Cir LISOL 1-1115, Com A 8311, 8/29/2025; OG, 7/14/2025; Cir LISOL 1-1112, Com A 8276, 7/10/2025; OG, 6/30/2025; Cir LISOL 1-1106, OPRAC 1-1286, REMON 1-1133, OPASI 2-735, Com A 8264, 6/26/2025
