Regulatory Alerts2026-09-04 | Circular 2511Added
Administrative, Accounting or Data Processing Service Providers - Removal from the Regulatory Scope of the Central Bank of Uruguay
Resolution SSF No. 2026-557 removes administrative, accounting, and data processing service providers from the regulatory perimeter of the Central Bank of Uruguay, transferring oversight to the Financial Services Superintendence. The resolution repeals specific titles and articles from the Financial System Regulation and Control Compilation and substitutes new Articles 316.19 through 316.23 to impose anti-money laundering and counter-terrorist financing obligations on micro-credit administrators and credit-granting entities. It also updates Articles 673 and 674 to establish daily fines for late or erroneous information submissions and modifies sanction regimes for peer-to-peer lending platform administrators.