Argentina's National Securities Commission (CNV) convened around 70 capital markets participants and industry chamber representatives to discuss the forthcoming regulation of the Fondo de Asistencial Laboral (FAL). The session was framed as a technical exchange to gather input on the design of a “solid and balanced” regulatory framework being developed with Argentina’s Ministry of Economy. Discussion focused on the scope, possible regulatory guidelines and implementation challenges for the new framework. Attendees included representatives from mutual funds, financial trust fiduciaries and brokerage firms (ALyCs), as well as the Chamber of Stockbrokers, the Argentine Chamber of Trusts and Direct Investment Funds in Productive Activities (CAFIDAP) and the Argentine Chamber of Mutual Funds (CAFCI); the Ministry of Economy was represented by Undersecretary Felipe Berón. Participants agreed to continue working in a coordinated manner and to keep communication channels open for further analysis and rule-making.
Argentina Securities Commission (CNV) 2026-03-20
Argentina's National Securities Commission convenes market roundtable on forthcoming Fondo de Asistencial Laboral regulation
Argentina's National Securities Commission (CNV) held a technical exchange with about 70 capital markets participants to discuss upcoming Fondo de Asistencial Laboral (FAL) regulation. The meeting aimed to gather input on a regulatory framework being developed with the Ministry of Economy, focusing on scope, guidelines, and implementation challenges. Participants, including mutual funds and brokerage firms, agreed to maintain open communication for further analysis and rule-making.