Argentina Securities Commission (CNV) announced it is carrying out an exhaustive review of its regulatory framework to repeal or amend provisions that are obsolete, unnecessary or redundant, have expired or already met their purpose, or create unnecessary procedures, restrictions, costs, or barriers to entry in Argentina’s capital markets. The review also covers the CNV’s existing Interpretative Criteria (CRI), which will be assessed for incorporation into the formal rulebook or, where appropriate, made ineffective. The CNV said the exercise will aim to consolidate repeated requirements across different regulated entities, reassess the ongoing need for current requirements, reduce and simplify the length of the rules, and improve drafting clarity and coherence, while maintaining investor protection as a core objective alongside market development. The work will be implemented in stages, with the CNV planning to issue General Resolutions updating the relevant titles, sections or chapters of its rules in successive tranches.

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