In remarks by chair Roberto E. Silva at an American Chamber of Commerce in Argentina event, the Argentina Securities Commission reviewed its ongoing deregulation and modernization agenda for the domestic capital market and highlighted the recent approval of a local exchange-traded fund framework. The speech recapped measures already adopted or under consultation rather than announcing a standalone new rule, presenting them as part of a broader effort to simplify regulation, expand investment options and support productive financing. The initiatives highlighted included the removal of foreign exchange restrictions, a safe harbor for private offerings, automatic offerings, the Fiscal Innocence Regime, rules for Labor Assistance Funds (FAL), and the regulation of PSAVs and tokenization. Silva also noted that the Big Bang regulatory package remains under public consultation and said the new ETF framework was introduced through FCIA ETF and CEVA ETP, which expands local investment alternatives.
Argentina Securities Commission (CNV)2026-06-04
Argentina Securities Commission outlines capital markets modernization agenda and highlights recently approved local ETF regime
The Argentina Securities Commission chair outlined the authority’s deregulation and modernization agenda, emphasizing recent approval of a local exchange-traded fund framework via FCIA ETF and CEVA ETP to expand investment options. He recapped initiatives including removal of foreign exchange restrictions, a safe harbor for private offerings, automatic offerings, the Fiscal Innocence Regime, rules for Labor Assistance Funds, and regulation of PSAVs and tokenization, and noted that the “Big Bang” regulatory package remains under public consultation.