The Argentina Securities Commission held a second informational meeting with more than 40 representatives from leading law firms, the Argentine Chamber of Mutual Funds, the Chamber of Stockbrokers and the Professional Council of Economic Sciences of the City of Buenos Aires to discuss the regulatory framework for Labor Assistance Funds (FAL). The meeting followed the National Executive Branch’s recent regulation of Law No. 27,802 through Decree No. 408/2026, which gives the commission a central role in shaping, authorizing, supervising and overseeing these structures. Under that framework, the commission is responsible for setting requirements for authorized entities, regulating the investment vehicles that may be used for FAL, namely mutual funds and financial trusts, authorizing public offerings, creating and managing specific registries, and determining procedures for the allocation, portability and settlement of funds. It must also establish investment policies in line with guidelines from the Ministry of Economy, define individual account systems to trace contributions, set limits and conditions for fees, and develop coordination and information-sharing mechanisms with other public bodies to support supervision and detect noncompliance.
Argentina Securities Commission (CNV)2026-06-12
Argentina Securities Commission holds second industry meeting on Labor Assistance Fund regulation after Decree 408 2026
The Argentina Securities Commission held a second market meeting on the regulatory framework for Labor Assistance Funds after the executive branch issued Decree No. 408/2026 implementing Law No. 27,802. The decree gives the commission responsibility for the design, authorization, supervision and oversight of FAL, including rules for authorized entities, investment vehicles, public offerings, registries, fund portability, fees and contribution-tracking systems.