Regulatory Alerts2026-07-13 | A 8452Added
Circular CONAU 1-1728: Monthly Accounting Information Regime. Minimum Capital Requirements and Integration (R.I.-C.M.). Adjustments
The Central Bank of the Argentine Republic issued Communication A 8452 to implement adjustments to the Monthly Accounting Information Regime following Communication A 8364. The document modifies Section 5 on operational risk requirements by eliminating the percentage reference for Group C entities and detailing specific capital reduction limits for Group 2 entities belonging to Groups A and B. It establishes precise calculation formulas and reporting codes for these reductions based on historical credit risk averages and entity credit ratings.
"2026 - YEAR OF ARGENTINE GREATNESS" COMMUNICATION "A" 8452 13/07/2026 TO FINANCIAL ENTITIES: Ref.: Circular CONAU 1-1728: Monthly Accounting Information Regime. Minimum Capital Requirements and Integration (R.I.-C.M.). Adjustments.
We address you to inform you of the modifications introduced to the aforementioned regime, as a consequence of the issuance of Communication A 8364. In this regard, Section 5. Operational Risk Requirement is adjusted by eliminating the percentage that refers to Group C entities. The sheets to be replaced in the consolidated text of the aforementioned information regime are attached. We greet you attentively. CENTRAL BANK OF THE ARGENTINE REPUBLIC Mariana A. Díaz Rodrigo J. Danessa Manager of the Information Regime Deputy General Manager of the Information Regime and Protection of Financial Services Users
ANNEX
5.1.3. Reduction of the requirement for financial entities of Group 2 that belong to Groups "A" and "B". 5.1.3.1. This reduction in requirement shall apply to entities of Group 2 that belong to Groups "A" and "B" and are not subsidiaries or branches of globally systemically important institutions (G-SIBs). 5.1.3.2. Reduction. General Limit. The corresponding reduction in requirement shall be reported in item 36000001 when the applicable limits on the average of the credit risk requirements for the 36 months prior to the report are lower than those reported in code 70300000. This calculation shall follow the following expression:
Where: (Σ 36 1 ERC (n-1) + ... + ERC (n-36)) / 36 = average of the credit risk requirements corresponding to the 36 months prior to the period to be reported, expressed in homogeneous currency of the month prior to the calculation. ERC = Item 70100000 + ∑ 8XX00000 This reduction shall apply with respect to entities that meet the requirements mentioned in point 5.1.3.1., above.
5.1.3.3. Reduction. Special Limits. When the entity's rating in all aspects provided for in the relevant regulatory provisions allows for the application of percentages lower than those indicated in point 5.1.3.2., the resulting reductions in requirement shall be reflected in items 36000002, 36000003 -provided that their amount is lower than that recorded in item 70300000-, as specified below:
B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 4. MINIMUM CAPITAL REQUIREMENTS AND INTEGRATION (R.I.-C.M.) Section 5. Operational Risk Requirement Entity % Item Calculation A 20 36000001 70300000 - [0.20 * (Σ 36 1 ERC(n-1) + ... + ERC(n-36)) / 36] B 17 70300000 - [0.17 * (Σ 36 1 ERC(n-1) + ... + ERC(n-36)) / 36] Version: 9a. COMMUNICATION "A" 8452 Validity: 01/07/2026 Page 3
For these purposes, the last reported rating shall be considered for the calculation of the requirement to be integrated in the third month following the notification. 5.1.3.4. A single item 3600000Y shall be reported, reflecting the entity's situation regarding its rating; the average of credit risk requirements shall be calculated at this Institution based on data on credit risk requirements reported in previous periods. 5.1.4. New Entities The monthly minimum capital requirement for operational risk shall be determined taking into account the provisions on "Minimum Capital of Financial Entities".
B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 4. MINIMUM CAPITAL REQUIREMENTS AND INTEGRATION (R.I.-C.M.) Section 5. Operational Risk Requirement Rating Entity % Item Calculation 1, 2 or 3 B 11 36000002 70300000 - [0.11 * (Σ 36 1 ERC(n-1) + ... + ERC(n-36)) / 36] 1 or 2 B 7 36000003 70300000 - [0.07 * (Σ 36 1 ERC(n-1) + ... + ERC(n-36)) / 36] Version: 6a. COMMUNICATION "A" 8452 Validity: 01/07/2026 Page 4
5.2.5. Reduction of requirement for entities of Groups "A" and "B". Code Concept 3600000Y Reduction of requirement References: X = 1 to 3, where: 1 = months 1 to 12 2 = months 13 to 24 3 = months 25 to 36 Y = 1 to 3, where: 1 = reduction by application of the 20% limit, entities A. 1 = reduction by application of the 17% limit 2 = reduction by application of the 11% limit 3 = reduction by application of the 7% limit
B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 4. MINIMUM CAPITAL REQUIREMENTS AND INTEGRATION (R.I.-C.M.) Section 5. Operational Risk Requirement Version: 3a. COMMUNICATION "A" 8452 Validity: 01/07/2026 Page 7