The Central Bank of the Argentine Republic and the Financial Information Unit published considerations for obliged entities on aligning money laundering, terrorist financing and proliferation financing controls with Law 27,799 (Fiscal Innocence), including its shift toward presuming tax compliance unless proven otherwise and its higher monetary threshold for criminal tax evasion. The guidance emphasises that customer due diligence and transaction monitoring should be applied using a risk-based approach, including for holdings and deposits of USD cash. Holding foreign currency in cash is described as potentially rational in Argentina’s macroeconomic context and not, on its own, an indicator of illegality, with assessments expected to consider the customer profile, the economic reasonableness of the transaction and any other concurrent warning indicators. The note also states that AML rules do not prohibit cash deposits of any amount and do not require requesting origin-of-funds information as a condition for accepting a cash deposit, while identification of the depositor and the account holder is required when the amount exceeds 40 times the Minimum, Vital and Mobile Wage (SMVM). Decree 93/2026 is cited as urging firms to treat a taxpayer’s adherence to the Simplified Income Tax Affidavit Regime as a favourable factor in risk analysis, and obliged entities are asked to recalibrate operational thresholds, documentation practices and alert models to reflect the tax-law changes while maintaining obligations under Financial Information Unit Resolution 14/2023 (as amended) and Law 25,246.

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