Country Manual Credits
Argentina – Update 2025
out of Credit Institution’s Country of Establishment (Def, BT & Def)
| Source of changes | Answers |
|---|---|
| Law / Regulation | Yes |
| New Position of the Authorities | No |
| Evolution of Expert’s Interpretation | No |
Regulatory Template, Behaviour Template and Definitions and Concepts
Material changes
We have reviewed the documents following consultations with our local counsel in order to update the section on Foreign Exchange Controls. This update reflects the recent significant overhaul of the country’s foreign exchange (FX) framework, which introduces a more flexible FX regime, as outlined in the Alert Argentina 1/2025 published on May 13, 2025.
Concisely, currency restrictions on individuals residing in Argentina have been lifted. Our manual highlights the relevant changes also for legal entities and unfolds the implications for FX activities such as buying securities and receiving loans abroad.
In addition, the Central Bank has resolved to exempt individuals from the obligation to report external assets under the framework of the External Assets and Liabilities Survey (as established by Communiqué “A” 6401). This means that individuals will no longer be required to report their foreign assets to the BCRA, and will only have to report them to the Argentine Tax Authority (ARCA).
Non-material changes
Some comments and content have been slightly reworded (without introducing material changes) to reflect the regulatory situation/current interpretation of the regulatory framework more accurately.
Moreover, in addition to more comprehensive information on consumer protection rules, the manual includes information on the validity of the credit agreement in cases of breach of licensing requirements and breach of borrower-protection laws, without any material changes to the content of the respective sections.
For more information, please contact us: info@brpsa.com
Geneva, December 18th 2025