Regulatory Alerts2025-09-03 | A 8316BCRA Circular LISOL 1-1117: Net Foreign Currency Position Update
The Central Bank of the Argentine Republic issued Communication “A” 8316 to update Circular LISOL 1-1117 regarding the Net Foreign Currency Position of financial entities. The amendment revises the calculation methodologies and regulatory caps for both negative and positive net positions, while introducing specific coverage rules for executive-mandated swap operations and refining the cash position thresholds. It also establishes a charge mechanism based on three times the Argentina Interbank Rate (TAMAR) for excesses, alongside corresponding interest penalties and sanctions under the Financial Entities Law.
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