The Argentina Securities Commission (CNV) published a management report covering the first year of its current board, led by President Roberto E. Silva alongside Vice President Patricia Boedo and Director Sonia Salvatierra. The report frames the year’s work around normalising and debureaucratising Argentina’s capital markets, aligning with international regulatory standards, strengthening investor protection and financial education, and promoting a more transparent market. Key milestones cited include establishing the Registry of Virtual Asset Service Providers (PSAV), issuing rules for the Asset Regularization Regime, and reworking the regulatory framework while approving new investment instruments. CNV reported issuing 55 General Resolutions and approving new issuances, including enabling instruments contemplated in law but previously not regulated. The report also notes coordination with the Ministry of Economy and the Central Bank to partially remove foreign exchange-related constraints affecting capital market activity, with CNV stating that the list of restrictions lifted is now longer than those remaining. Looking ahead to 2025, CNV signalled a focus on supporting the national government’s processes and innovation agenda, removing remaining obstacles, operating more efficiently and issuing new regulatory frameworks only where necessary.
Argentina Securities Commission (CNV) 2025-01-02
Argentina Securities Commission publishes first-year board report highlighting PSAV registry, 55 General Resolutions and easing of capital market restrictions
The Argentina Securities Commission (CNV) highlighted its first-year achievements under President Roberto E. Silva, focusing on normalizing capital markets, aligning with international standards, and enhancing investor protection. Key developments include establishing the Registry of Virtual Asset Service Providers, issuing 55 General Resolutions, and coordinating with the Ministry of Economy and the Central Bank to ease foreign exchange constraints. CNV aims to support government innovation, remove obstacles, and issue new regulatory frameworks as needed.