Regulatory Alerts2025-06-02 | A 8249Circular LISOL 1-1102 RUNOR 1-1900 Guidelines for Risk Management in Financial Entities. Operational Risk Management. Operational Resilience.
The Argentine Central Bank and Financial Superintendencies issued this circular to update the operational risk management guidelines for financial entities by mandating a three-lines-of-defense model and defining precise risk appetite and tolerance metrics. The regulation standardizes seven core assessment tools, strengthens change management and internal controls, clarifies outsourcing risk governance, and requires robust, tested business continuity plans aligned with operational resilience. Financial entities must implement these updates proportionally to their size and complexity, ensuring continuous monitoring, independent validation, and clear accountability across all management levels.
Share