Argentina’s Securities Commission (CNV) president, Roberto E. Silva, used a speech at FORUM’s Annual Anti-Money Laundering and Counter-Terrorist Financing forum to review the CNV’s regulatory and supervisory approach to virtual asset service providers (PSAVs) and to flag that the framework has set deadlines for full implementation by the end of 2025, after which non-compliant providers will not be able to operate in Argentina. Silva highlighted work undertaken since the enactment of Law No. 27.739 amending Argentina’s AML/CFT and proliferation financing regime, including the urgent creation of a PSAV register in March 2024 (General Resolution No. 994), a subsequent public consultation on the draft PSAV regime (General Resolution No. 1025), and approval of the final rules (General Resolution No. 1058). He also referred to the impact of key sector changes, market behaviour, and upcoming challenges. The forum was aimed at reporting entities and compliance officers across financial and non-financial sectors, and included discussion of recommendations arising from the FATF mutual evaluation and enhanced measures for 2025.
Argentina Securities Commission (CNV) 2025-04-24
Argentina Securities Commission confirms final rules for virtual asset service providers with full entry into force expected by end-2025
Argentina Securities Commission President Roberto E. Silva outlined the CNV's regulatory approach to virtual asset service providers, emphasizing full compliance by end-2025. Silva reviewed developments since Law No. 27.739, including the creation of a PSAV register and approval of final rules. The forum addressed sector changes, market behavior, and challenges, with discussions on FATF recommendations and enhanced measures for 2025.