BCRA issued a special report of point 1.5.4. of the Minimum Cash rules

June 5, 2020 – The BCRA issued Communication “A” 7039 which contains an annex corresponding to the model of the Special Report of the External Auditor, in accordance with the provisions of point 1.5.4. of the rules on “Minimum Cash”, which must be adapted, in the aspects that are relevant, in the case of the provisions linked to points 1.5.5. and 1.5.7. of these norms, as well as others that may be available in the matter. These reports must be available to the SEFyC held by the financial entity that computes the deduction of the minimum cash requirement.

Jurisdictions affected: Argentina

For more information, visit Banco Central de la República Argentina.

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