Regulatory Alerts2025-10-13 | A 8342Circular CONAU 1-1701: Monthly Accounting Information Regime. Minimum Capital Requirement and Integration (R.I.-C.M.). Adjustments
The Central Bank of the Argentine Republic issued Communication “A” 8342 to implement adjustments to its Monthly Accounting Information Regime, specifically updating the operational risk capital requirement for Group 2 financial entities. The amendment revises section 5.1.2 by introducing a new calculation formula that determines monthly capital obligations based on gross income (IB) over the preceding 36 months, with a maximum of three consecutive positive periods. Additionally, it establishes that entities with zero qualifying periods must comply with the baseline minimum capital limit defined in section 7.3, while Group “A” institutions apply a specific calculation method outlined in section 5.1.3.2.
"Year of the Reconstruction of the Argentine Nation" COMMUNICATION “A” 8342, October 13, 2025 TO FINANCIAL ENTITIES: Ref.: Circular CONAU 1-1701: Monthly Accounting Information Regime. Minimum Capital Requirement and Integration (R.I.-C.M.). Adjustments.
We address you to inform you of the modifications introduced in the referenced information regime, as a result of the issuance of Communication “A” 8329. Regarding this, section 5.1.2. Operational Risk Requirement for Group 2 entities, of Section 5. Operational Risk Requirement, is adjusted. Furthermore, the sheet to be replaced in the organized text of this information regime is attached. We remain, respectfully yours.
CENTRAL BANK OF THE ARGENTINE REPUBLIC Rodrigo J. Danessa Estela M. del Pino Suárez Chief Manager of Information Regime and Information Centers Deputy General Manager of Information Regime and Protection of Users of Financial Services
APPENDIX
Regarding interest-generating assets, it will be the amount resulting from restating balances at the close of each of the 3 consecutive 12-month periods, from that date until the close of the 36-month calculation period (n-1). First, the value of the corresponding net items (for example, income minus expenses) must be determined for each consecutive 12-month period, and then the average of the 3 periods is calculated.
5.1.2. Operational Risk Requirement for Group 2 Entities It will be determined monthly by the following expression: n \sum_{t=1}^{n} a IB_t
Where: a: 15% n: number of consecutive 12-month periods in which IB is positive, considering the last 36 months prior to the calculation month. Maximum n = 3
If n = 0: a requirement equivalent to the limit set forth in point 7.3 of the regulations on Minimum Capital of financial entities shall apply. To this effect, financial entities of Group “A” will receive the treatment set forth in point 7.3.1 of the regulations on Minimum Capital of financial entities, whose calculation will correspond to the expression in point 5.1.3.2 of this regulation.
IB_t: gross income of consecutive 12-month periods (provided it is positive), corresponding to the last 36 months prior to the month in which the calculation is made, expressed in homogeneous currency of the month preceding the calculation month.
IB = (financial income - financial expenses) Plus (service income – service expenses) Plus (other profits - other losses) Plus total monetary result.
For the purpose of reporting the results of each of the 12-month periods, it will be necessary to restate each concept included from its month of origin until the close of the 36-month calculation period (i.e., n-1).
B.C.R.A. MONTHLY ACCOUNTING INFORMATION REGIME 4. MINIMUM CAPITAL REQUIREMENT AND INTEGRATION (R.I.-C.M.) Section 5. Operational Risk Requirement Version: 9th. COMMUNICATION “A” 8342 Effective Date: September 18, 2025 Page 2