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2025-08-29 | A 8314

Circular RUNOR 1-1917: CRYL (Central Registry and Clearing of Public Debt Instruments, Monetary Regulation and Financial Trusts) Update

The Central Bank of the Argentine Republic issued Communication “A” 8314 to update the operational schedules for electronic transfers within the Central Registry and Clearing of Public Debt Instruments, Monetary Regulation and Financial Trusts (CRYL). The amendment modifies the reception hours for “Libre Bilateral” (FT) and “Libre Conformada” (FTC) instructions to 09:00–19:45 and 09:00–19:30 respectively, while establishing a two-round daily liquidation schedule for guarantee and minimum cash accounts via the IDEAR and SCS systems. Non-compliant instructions lacking sufficient funds or rejected by Caja de Valores S.A. are reported to the National Securities Commission and relevant self-regulated entities, with corresponding fees collected under Section 9.

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"Year of the Reconstruction of the Argentine Nation" COMMUNICATION “A” 8314 29/08/2025 TO FINANCIAL ENTITIES: Ref.: Circular RUNOR 1-1917: Central Registry and Clearing of Public Debt Instruments, Monetary Regulation and Financial Trusts (CRYL). Update

We address you to provide the pages that should be incorporated into the reference regulations as follows:

  • modification of the schedule set forth in point 5.1,
  • modification of the schedule set forth in point 5.2. Furthermore, please note that on this Institution’s website www.bcra.gob.ar, under “Financial System – LEGAL AND REGULATORY FRAMEWORK – Regulations and Summaries – Ordered Texts of General Regulation”, the implemented modifications will be available with text highlighted in special characters (strikethrough and bold). We remain, respectfully, CENTRAL BANK OF THE ARGENTINE REPUBLIC Martín Sebastián Candido Luis Daniel Briones Rouco Manager of Securities and Foreign Exchange Operations Chief Manager for Control and Clearing of Operations ANNEX

5.1. “Libre Bilateral” (FT) electronic transfer for Intra-CRyL operations. This unilateral and multiple-use instruction must be issued by the holder of the transferring account. It shall be the obligor’s duty to inform the receiving account holder of the transfer’s final beneficiary, according to the methodology agreed upon by the holders, except when movements occur between accounts of the same holder. “FT” instructions will be received electronically during the hours of 09:00 to 19:45. Instructions that fail due to insufficient funds will be reported to the National Securities Commission (CNV) and the relevant self-regulated entity, with the corresponding fees collected as established in Section 9. 5.2. “Libre Conformada” (FTC) electronic transfer. Instructions for these transfers to credit accounts/principals located at Caja de Valores S.A. will be received during the hours of 09:00 to 19:30 and will be taken as firm, crediting the registration account of said box, provided there is no rejection on its part. The instruction to be sent electronically to Caja de Valores S.A. will be the same one presented by the transfer obligor, so CRYL shall bear no liability for errors in citing the account/principal number to be credited. Instructions that fail due to insufficient funds or those rejected by Caja de Valores S.A. will be reported to the CNV and the relevant self-regulated entity, with the corresponding fees collected as established in Section 9. 5.3. Transfers for guarantee and minimum cash accounts, to and from Caja de Valores S.A., via the IDEAR mail system and the Secure Communications System (SCS) for securities not placed by CRYL. To establish guarantees and/or minimum cash, the Secure Communications System (SCS) provided by Caja de Valores and the IDEAR transfer system are used jointly. This type of transfer is only available for those IDP where CRYL is not the primary registration agent. No other IDP will be accepted for this procedure, nor, under any circumstances, IRM. For these operations, CRYL establishes a schedule scheme for their liquidation. Liquidation hours: the described operation will consist of 2 liquidation rounds throughout the day: B.C.R.A. CENTRAL REGISTRY AND CLEARING OF PUBLIC DEBT INSTRUMENTS, MONETARY REGULATION AND FINANCIAL TRUSTS (CRYL) Section 5. Transfers between agents. Version: 4th COMMUNICATION “A” 8314 Validity: 30/08/2025 Page 1

B.C.R.A. ORIGIN OF THE PROVISIONS CONTAINED IN THE REGULATIONS ON “CENTRAL REGISTRY AND CLEARING OF PUBLIC DEBT INSTRUMENTS, MONETARY REGULATION AND FINANCIAL TRUSTS (CRYL)” ORDERED TEXT | ORIGIN REGULATION | OBSERVATIONS Section | Point | Annex | Com. Cap./Annex | Point | Paragraph

  1. “A” 3191 | According to Com. “A” 6621.
  2. “A” 3191 | According to Com. “A” 6621.
  3. “A” 3191 | According to Com. “A” 3253, 6621 and 7827
  4. “A” 3191 | According to Com. “A” 6621.
  5. “A” 3191 | According to Com. “A” 6331, 6621, 7827 and 0.
  6. “A” 3191 | According to Com. “A” 6621.
  7. “A” 3191 | According to Com. “A” 6621.
  8. “A” 3191 | According to Com. “A” 6621.
  9. “A” 3191 | According to Com. “A” 3254, 6138, 6621, 7283, 7494, 7681, 7827, 7957, 8050 and 8265.
  10. “A” 3191 | According to Com. “A” 6621.
  11. “A” 3191 | According to Com. “A” 6621.
  12. “B” 12470 | According to Com. “A” 7827.
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