Argentina – CM PB

Country Manual Private Banking

Argentina

out of Bank’s Country of Establishment (Def, RS, BT & RT)

Regulatory Template, Regulatory Summary and Behaviour Template

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.

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.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM PB BT SHORT COMP” and “ARGENTINA” in the Target Country Field.

The BT Short Comparison should be read as follows:

The The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, July 18^th, 2025