The Argentina Securities Commission (CNV) held a further stakeholder meeting on the planned regulatory framework for Labour Assistance Funds (Fondos de Asistencia Laboral, FAL), bringing together around 60 representatives from 20 leading law firms. The discussion focused on key design aspects of the future regime and the opportunities the instrument could create for Argentina’s capital markets. CNV chair Roberto E. Silva led the session with senior officials responsible for financial trusts and mutual funds, alongside CNV vice president Sonia Salvatierra and board member Laura Herbón; the Economy Ministry’s undersecretary for Financial Services, Felipe Berón, also attended. Topics included implementation challenges for the new framework and the need to keep communication channels open as work advances, with the CNV positioning FAL as long-term institutional investors that could support market stability and sustained financing and indicating that the forthcoming rules aim to provide clarity and predictability. The meeting followed an earlier session on 20 March with representatives from mutual funds, financial trustees, broker-dealers and industry chambers, as the CNV continues to gather input ahead of the future implementation of FAL.

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