ARG JST New Regulatory Framework


On Jul. 24, ARG JST issued rules on new general regulatory framework


  • ARG JST issued General Resolution 15/24 to approve general regulatory framework.
  • Provisions
  • Approved ARG JST Regulations included as Annex A (IF-2024-74034869-APN-IGJ#MJ).
  • Also, Annex B (IF-2024-74035693-APN-IGJ#MJ) as an integral part of this Resolution.
  • Will replace General Resolution 7/2015, general resolutions resulting from Law 19.550, Law 22.315, Decree 1493/82, other legal or regulatory provision that anticipates them.
  • Excluding General Resolution 8/2015, other regulations re to capitalization and savings systems, having been issued under the powers conferred by Article 9 of Law 22.315.
  • General Resolutions and any other regulations issued with a general character that do not regulate matters contained in the approved Regulations will remain fully in force.
  • Regulations to be replaced will apply to procedures initiated and in progress, and will govern until their conclusion, even if occurring after new Regulations come into effect.
  • To address potential unforeseen situations, ARG JST may apply the doctrine, criteria, jurisprudence emerging from its general, particular resolutions and previous opinions.
  • Notwithstanding, directors/department heads should, whenever appropriate, submit proposals to complement, modify, clarify, or amend regulations considered necessary.
  • To ensure greater agility and flexibility in fulfilling procedures the authority to issue the necessary service instruction is delegated to the directors and department heads.
  • Effectiveness
  • Regulations approved by this General Resolution will come into effect on Nov. 1 2024.

Regulators ARG JST
Entity Types Corp
Reference RESOG-2024-15-APN-IGJ#MJ, Rpl Resolution 7/15, 7/24/2024;
Functions Accounting; Compliance; C-Suite; Exams; Financial; Legal; Reporting
Countries Argentina
Category
State
Products Corporate
Regions Am
Rule Type Final
Rule Date 7/24/2024
Effective Date 11/1/2024
Rule Id 220776
Linked to N/A
Reg. Last Update 7/24/2024
Report Section International

Last substantive update on 07/29/2024