Archives: Argentina

Subscribe to Argentina RSS Feed

Argentina: new export duties in force; peso devaluation may impact inflation

By: Augusto Nicolás Mancinelli The Argentine executive branch has established new export duties applicable to goods and services. These new export duties were established by a Decree of the Executive Power (Decree No. 793/2018) issued on September 3, 2018 and published at the official Gazette on September 4, 2018, with immediate effect for the export … Continue Reading

Positive signs for issuers and the marketplace: Argentina economic briefing

By: Marcelo Etchebarne The financial press continues to portray Argentina as another emerging-market casualty. But, to the contrary, there are a number of positive financial signs, for investors, the country and the marketplace, in today’s Argentine economy. In fact, President Mauricio Macri’s Administration has put in place a number of fiscal policies and governmental reforms … Continue Reading

Argentina: Financial Information Unit creates Registry of Independent External Auditors of Money Laundering and Terrorism Financing Prevention

 This is a guest post of RCTZZ Abogados in Argentina. Argentina’s Financial Information Unit (FIU), the governmental authority that enforces the law on prevention of money-laundering activities and terrorism financing has introduced a resolution stating that financial institutions (FIs) are obligated to review their systems with the goal of preventing money laundering and terrorism financing … Continue Reading

Argentina: Restrictions On ownership of Rural Land by Foreigners

Argentina’s Act 26,737, enacted in 2011, restricts foreign ownership of rural real estate. The restrictions imposed by Act 26,737 are relevant for any project that involves acquisition of rural land in Argentina . The Act imposes several limitations. Under the Act and its applicable amendments, foreign ownership is defined as any acquisition, transfer of ownership or … Continue Reading

ARGENTINA: Financial Information Unit’s New AML Regulations for Financial Institutions

Guest post by Hernán D. Camarero, Partner in Richards, Cardinal, Tützer, Zabala & Zaefferer, an independent law firm Argentina’s Financial Information Unit (FIU) – the authority that enforces the law on prevention of money-laundering activities and terrorism financing Nr. 25,246, as amended (the AML Act)[1] – has issued Resolution Nr. 30-E/2017 for financial institutions (FIs) … Continue Reading

ARGENTINA: NEW FOREIGN EXCHANGE REGULATIONS IN EFFECT JULY 1ST, 2017

Guest Post by Richards, Cardinal, Tutzer, Zabala & Zaefferer s.c. Abogados, an independent law firm in Argentina, www.rctzz.com.ar for further information at camarero@rctzz.com.ar In furtherance of the federal government’s quest to increase the flexibility of the foreign exchange regulations (FX Regs), to facilitate FX transactions and to promote the transparency of the local single and … Continue Reading

New Draft Bill on Lobbying Activities in Argentina

Guest Post by By Richards, Cardinal, Tützer, Zabala & Zaefferer In furtherance of President Mauricio Macri’s public statements about the need to increase transparency in the public sector in Argentina, the Executive Branch has submitted to Congress a draft bill that seeks to regulate lobbying (“gestión de intereses”) and its publicity in any office of … Continue Reading

Supreme Court of Argentina suspends natural gas price increases for residential users || Corte Suprema de Argentina suspende aumentos de tarifas de gas para usuarios residenciales

The Supreme Court of Justice of the Republic of Argentina has issued a decision suspending rate increases on natural gas service throughout Argentina for residential users. The increases had been approved as a part of substantial energy and financial reforms undertaken by the Macri administration to promote investment in aging infrastructure. The Court’s ruling delays … Continue Reading
LexBlog