Regulatory Alerts2025-12-11 | A 8364Circular LISOL 1-1126 CREFI 2-140: Authorities of Financial Entities. Minimum Capital Requirements for Financial Entities. Adjustments.
The Central Bank of the Argentine Republic issued Communication “A” 8364 to implement a revised classification system for financial entities into Groups A and B, effective January 1, 2026. The regulation establishes Group A based on a 1% system-wide asset and deposit indicator threshold, repeals specific prior paragraphs of the consolidated text on Authorities, and assigns new entities to Group B until sufficient data is available. It further updates minimum capital requirements for credit risk by setting limits of 20% and 17% for Groups A and B respectively, with reductions to 11% or 7% based on SEFYC inspection ratings, while mandating compliance with updated minimum cash and executive-administrative function separation rules by mid-2026.
. “Year of the Reconstruction of the Argentine Nation” “Year of the Reconstruction of the Argentine Nation” . COMMUNICATION “A” 8364 11/12/2025 TO FINANCIAL ENTITIES: Ref.: Circular LISOL 1-1126, CREFI 2-140: Authorities of Financial Entities. Minimum Capital Requirements for Financial Entities. Adjustments.
We address you to inform you that this Institution has adopted the resolution which, in its pertinent part, provides: “1- Establish, with effect from 01/01/26, that financial entities shall be classified into groups A or B for the purposes of the classification set forth in point 4.1. of the consolidated text on Authorities of Financial Entities and regulations of this Institution regarding that classification, as follows:
- Group A shall comprise entities whose indicator is greater than or equal to 1% (one percent) of the total financial system, resulting from the sum of: i) the average of assets corresponding to 12 (twelve) consecutive months between October of the second preceding year and September of the preceding year, and ii) the average of daily deposit balances corresponding to the 12 (twelve) aforementioned months, according to data arising from the respective reporting regimes.
- Group B shall be composed of entities not included in group A. 2- Repeal, with effect from 01/01/26, the last three (3) paragraphs of point 4.1. of the consolidated text on Authorities of Financial Entities. 3- Establish, with effect from 01/01/26, that new financial entities shall be considered included in group B until they possess the necessary information to perform the calculation set forth in point 1 of this communication. 4- Replace, with effect from 01/01/26, point 7.3. of the consolidated text on Minimum Capital Requirements for Financial Entities, as follows: “7.3. Limit for group 2 entities. The requirement determined through the application of the expression described in point 7.2. shall not exceed: 7.3.1. 20% (twenty percent) in the case of group A entities, based on the average of the last 36 (thirty-six) months –preceding the month for which the requirement determination applies– of the minimum capital requirement for credit risk calculated as provided in Section 2., expressed in homogeneous currency of the month preceding the calculation month. -2- 7.3.2. 17% (seventeen percent) in the case of group B entities, based on the average of the last 36 (thirty-six) months –preceding the month for which the requirement determination applies– of the minimum capital requirement for credit risk calculated as provided in Section 2., expressed in homogeneous currency of the month preceding the calculation month. The aforementioned maximum limit shall be reduced to 11% (eleven percent) when the financial entity holds a rating of 1, 2, or 3 according to the assessment provided by SEFYC, during the last conducted inspection, regarding all of the following aspects: the entity as a whole, its information systems, and the work of those responsible for evaluating their internal control systems. In cases where the financial entity holds ratings of 1 or 2 in all cited aspects, the maximum limit shall decrease to 7% (seven percent). For this purpose, the last reported rating for calculating the applicable requirement shall be considered to integrate into the calculation by the third month following the notification.” 5- Provide that financial entities reclassified as a result of points 1 and 2 of this communication shall comply with:
- From 01/01/26: the provisions set forth in the consolidated text on Minimum Cash that correspond to the new classification.
- From 01/07/26: the provision set forth in point 4.2. of the consolidated text on Authorities of Financial Entities –regarding the separation of executive and administrative functions–, as well as applying the remaining provisions corresponding to their entity group.” Furthermore, we inform you that we will subsequently deliver the sheets that, replacing those duly provided, shall be incorporated into the referenced consolidated texts. Respectfully yours, CENTRAL BANK OF THE ARGENTINE REPUBLIC Darío C. Stefanelli Marina Ongaro Chief Manager of Issuance and Regulatory Applications Deputy General Manager of Financial Regulation