The Argentina Securities Commission (CNV) issued General Resolution No. 1108 to align its regulations with Argentina’s Fiscal Innocence Law (Law No. 27.799) and implementing Decree No. 93/2026, enabling individuals who opt into the “Simplified Sworn Declaration Regime for Income Tax” to deploy funds and/or assets in capital market transactions and through registered Virtual Asset Service Providers (PSAVs). Under the updated framework, eligible investors may: make cash deposits into bank accounts of broker-dealers (ALyCs), agents involved in mutual fund (FCI) placement, and PSAVs; transfer securities to and from securities subaccounts held in their name or co-ownership at ALyCs or FCI placement agents; and transfer virtual assets to and from accounts held in their name or co-ownership at CNV-registered PSAVs. For securities and virtual asset transfers, the originating jurisdiction of the relevant subaccounts or accounts must not be on the list of non-cooperative jurisdictions for tax transparency purposes (as defined in Article 24 of the annex to Decree No. 862/2019) and must not be considered a high-risk jurisdiction by the Financial Action Task Force (FATF). The measures are without prejudice to compliance with Financial Information Unit (UIF) anti-money laundering, counter-terrorist financing and counter-proliferation financing rules, and CNV requirements on FCI subscriptions in currency and securities and on segregation of firms’ proprietary and client funds and/or assets.

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