17 Jun BCRA Communication “A” 7043 – Exchange Houses and Agencies
Posted at 23:43h in Regulatory Changes – LATAM
June 17, 2020 – In relation to the provisions disseminated through the terms of Communication “A” 6999, the BCRA informed:
- It is established that the term of the financial years of the houses and exchange agencies will be 12 months.
- They must present their Financial Statements at the end of each calendar semester in accordance with the Rules of Procedure corresponding to the Accounting Information Regime
- Additionally, they must submit the Special Report of the External Auditor on the verification of compliance with the minimum capital requirements and integration on a semi-annual basis.
- Updates the information requirements that the Exchange Operators must comply with, as detailed in the communication.
Jurisdictions affected: Argentina
For more information, visit Banco Central de la República Argentina.