27 Aug BCRA Communication “A” 7092
August 27, 2020 – Banco Central de la República Argentina reported through Communication “A” 7092 that an update was made to Financial Services in the framework of the health emergency provided for by Decree No. 260/2020 CORONAVIRUS (COVID-19), Minimum cash, Deposits and term investments .
BCRA incorporated the provisions disseminated through Communication “A” 7082. Also, in point 1.3.16. of the regulations on “Minimum Cash” a clarification is incorporated referring to the fact that the requirement of the accounts of the “Work Stoppage Fund for Construction Industry Workers” can be fully integrated with LELIQ.
Jurisdictions affected: Argentina
For more information, visit Banco Central de la República Argentina.