pc
nid 92575
May 13, 2026
ggallwey@vixio.com
Argentina
Ministry of Justice and Human Rights
financial services
109% of draft length
draft in Generated
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2020 charsArgentina's National Securities Commission Simplifies Anti-Money Laundering and Terrorism Financing Regulations
On May 12, 2026, Argentina's National Securities Commission (Comisión Nacional de Valores or CNV) approved General Resolution 1139 (RG N°1139), which comprehensively simplifies and reorganises the regulatory framework governing prevention of money laundering, terrorism financing, and proliferation of weapons of mass destruction (LA/FT/FP).
The CNV chief executive, Roberto E. Silva, said the resolution "reorders the LA/FT/FP prevention regime integrally, reducing unnecessary burdens and procedures, simplifying information requirements, and simultaneously strengthening monitoring and control mechanisms aligned with international standards." The new regime significantly reduces administrative requirements for market participants. The information reporting framework cuts the number of information request forms from 19 to 10, streamlining compliance procedures. The resolution incorporates enhanced requirements regarding beneficial ownership identification, customer risk segmentation, transaction monitoring, and politically exposed person status. Payment modality provisions eliminate cash transactions, except where participants adhere to the Simplified Self-Declaration Income Tax Regime as defined in RG N°1108, while introducing electronic cheque functionality. The resolution also clarifies suitability, integrity, and solvency requirements for applicants seeking registration in CNV registries. Virtual Asset Service Providers (PSAVs) must now comply with the information reporting regime, payment modalities, and suitability requirements as specified in the resolution.
The CNV has scheduled related stakeholder engagement activities, including workshops on tokenisation and digital assets for CNV professionals and consultations with capital market participants and legal practitioners to discuss the regulatory changes and their implementation.
REFERENCES:
https://www.argentina.gob.ar/noticias/simplificacion-integral-de-la-normativa-en-materia-de-prevencion-del-lavado-de-activos-financiacion-del
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2207 charsArgentine Securities Regulator Simplifies AML Framework for Capital Markets and Virtual Asset Providers
On May 13, 2026, Argentina’s National Securities Commission (CNV) adopted General Resolution No. 1139 simplifying and restructuring the country’s anti-money laundering, counter-terrorist financing, and counter-proliferation financing (AML/CFT/CPF) regime applicable to capital market participants and virtual asset service providers (PSAVs).
The resolution replaces Title XI of the CNV Rules and consolidates AML/CFT/CPF obligations applicable to securities intermediaries, settlement and clearing agents (ALyCs), financial trustees, mutual fund placement agents, and PSAVs registered with the CNV.
The reform reduces AML reporting obligations from 19 reporting forms to 10 streamlined information submissions through the Financial Information Highway, while introducing standardized reporting requirements relating to:
beneficial ownership;
politically exposed persons (PEPs);
customer segmentation and risk classification;
operational monitoring;
AML internal controls; and
risk self-assessments.
The CNV also prohibited the use of cash for most client funding and payment activities within the capital markets framework, except under Argentina’s Simplified Income Tax Affidavit Regime. The resolution additionally authorizes the use of electronic checks and permits transfers involving CVUs (Uniform Virtual Keys) linked to payment service providers (PSPs), provided traceability requirements are met.
The framework extends AML/CFT/CPF information reporting, customer due diligence, and payment method requirements to PSAVs, including obligations relating to beneficial ownership disclosures, monitoring of virtual asset transfers, and suitability and integrity assessments for controllers and managers.
The regulation forms part of the CNV’s broader deregulation and regulatory simplification agenda aimed at reducing administrative burdens while aligning Argentina’s AML/CFT framework with Financial Action Task Force (FATF) standards.
Certain AML/CFT/CPF reporting obligations applicable to capital market entities and PSAVs will become effective on July 1, 2026, with firms required to submit the corresponding information through the CNV’s Financial Information Highway by July 31, 2026.