Argentina Securities Commission highlights streamlined financial trust rules and tokenisation regime at CAFIDAP annual forum

Argentina’s Securities Commission (CNV) used its opening of the XVII Annual Forum of the Argentine Chamber of Trusts and Direct Investment Funds in Productive Activities (CAFIDAP) to outline the regulatory changes it is pursuing, with a particular focus on reforms to the framework for financial trusts (Fideicomisos Financieros, FFs) and the CNV’s approach to tokenisation. In a moderated discussion, CNV president Roberto E. Silva pointed to the publication of work guides for FFs intended to improve predictability, transparency and operational efficiency, and described a broader regulatory “modernisation” agenda centred on deregulation and simplification. He highlighted that the first set of CNV rule “de-bureaucratisation” measures was the simplification and abbreviation of the FF rules in Chapter IV, issued under General Resolution No. 1084, and said the CNV has introduced automatic authorisation regimes to facilitate access to public offerings and expanded funding options. Silva also referenced changes aimed at speeding up authorisation, listing and registration processes for FFs while removing formal requirements that do not affect legal certainty or the quality of information. CNV staff also presented on the trust rules with emphasis on the new provisions, and a separate panel on tokenisation discussed the scope of the CNV-approved regime, including tokenisation via FFs for real world assets.