Regulatory Alerts2025-07-11 | A 8278Circular RUNOR 1-1908: Disciplinary Regime of the Central Bank of the Argentine Republic (Laws 21.526 and 25.065) and Foreign Exchange Proceedings (Law 19.359). Amendments.
The Central Bank of the Argentine Republic (BCRA) issued Communication “A” 8278 to amend its consolidated disciplinary regime by introducing a new Section 10 establishing Voluntary Compliance Agreements (AC) for financial violations, detailing adherence procedures, benefit tiers, and procedural timelines. The amendment modifies the scope of application for proceedings under Laws 21,526 and 25,065, clarifies the classification of violations, and mandates public disclosure of resolutions and agreements on its institutional website. It requires regulated entities to adhere to proposed compliance terms within specified deadlines, granting fine reductions of 30% to 50% and disqualification period cuts while suspending procedural timelines until final homologation or compliance.