Regulatory Alerts2025-07-24 | A 8286Ref.: Circular REMON 1-1136 Minimum Cash Requirements. Adjustments
The Central Bank of the Argentine Republic issued Communication A 8286 to implement adjustments to Circular REMON 1-1136 regarding minimum cash requirements. The resolution mandates that peso passive swap operations, effective from the day following publication, must comply with the minimum cash requirement rates applicable to passive taker collateral as outlined in Communication A 8281. The Bank will subsequently distribute updated annex sheets to replace prior provisions within the applicable regulatory framework.
. “Year of the Reconstruction of the Argentine Nation” “Year of the Reconstruction of the Argentine Nation” . COMMUNICATION “A” 8286 24/07/2025 TO FINANCIAL INSTITUTIONS: Ref.: Circular REMON 1-1136: Minimum Cash Requirements. Adjustments.
We address you to inform you that this Institution has adopted the resolution which, in its pertinent part, establishes:
“- To provide, with effect for transactions entered into from the day following the publication of this communication, that peso passive swap operations shall be subject to the minimum cash requirement rates for taker collateral –passive– resulting from what is provided in Communication A 8281.”
Likewise, we inform you that we will subsequently send you the sheets which, in replacement of those previously provided, shall be incorporated into the reference regulations.
We remain, respectfully yours, CENTRAL BANK OF THE ARGENTINE REPUBLIC Darío C. Stefanelli Marina Ongaro Chief Manager of Emission and Regulatory Applications Deputy General Manager of Financial Regulation