Regulatory Alerts2026-09-03 | A 8473Added · Updated
Circular SINAP 1-254: Fraud Prevention
The Central Bank of Argentina (BCRA) mandates that administrators of immediate payment transfer schemes provide a fraud risk score to financial entities and payment service providers offering payment accounts (PSPCPs) based on BCRA-supplied data. These entities must integrate the score into new client onboarding, transactional monitoring, and periodic account reviews to detect fraud risks. Implementation deadlines are set at 120 days for scheme administrators, while financial entities and PSPCPs have 60 days for onboarding and monitoring processes and 90 days for periodic reviews, contingent upon receiving technical documentation from the scheme administrators.