The measure was arranged through the General Resolution No. 1062published on Monday, and enters into force of form immediate.
Until now, those who bought bonds in pesos to sell them against dollars in the MEP market had to maintain those portfolio titles for at least A business day Before specifying the operation. With the new regulations, that demand disappears, which It speeds transactions and simplifies access to the financial market for individuals.
The resolution contemplates two key points:
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The minimum tenure period for the Sale of negotiable values with foreign currency liquidationin any jurisdiction and under any legislation.
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The previous possession requirement for Issuer and receiving transfers of negotiable values.
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It is no longer mandatory to keep the bonds 15 business days in portfolio before selling them in dollars through the MEP or the CCL, provided that the operation is carried out by a resident human person.
- The elimination of “parking” also applies to transfers abroad of negotiable values acquired in the country.
The president of the CNV, Roberto E. Silvaexpressed its support for the economic course: “We are proud to accompany President Javier Milei, Minister Luis Caputo, the team of the Ministry of Economy and the Central Bank in the implementation of phase 3 of the economic program for the future of Argentina.”
He also added that since the beginning of the current management, the agency works in the Disposal of regulatory restrictions and obstaclesin line with the opening policy promoted by the Executive.
The CNV decision is complemented by the Communication “A” 8226 of the Central Bankwhich is part of the new regulatory framework for the liberalization of the change market.
What restrictions are eliminated to buy dollar savings
From this Monday, All restrictions that prevented certain natural persons to access the official change market are eliminated. With the new regulations, There will be no prohibitions for whom:
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Have received during the pandemic BENEFITS TO PAY Mortgage credits UVA either Loans granted by ANSES.
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Have adhered to pension moratoriums or received Subsidized Rate credits.
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Would have requested subsidies for public services as gas or electricity.
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They received their salary through Official Assistance Programs.
I also know repealed the so -called “cross restriction”which forced to wait 90 days to those who operated in the financial market before being able to access the official market. From now on, both operations can be carried out without temporary limitations.
Besides, Public officials with a superior rank —What until now they had access to the official market— They can also buy dollars No restrictions.
Another key point is the elimination of the call “parking”that is, the obligation to maintain a portfolio bonus for 24 hours before selling it in MEP dollar operations. This measure streamlines access to the financial market and makes, in this new context, The MEP dollar loses attractive for natural personswhich can now dollarize directly through your homebanking.
Dollar: There is a regulation that is maintained
According to General Resolution No. 1062, by modifying article 2 of Chapter V of Title XVIII of the Standards (NT 2013 and Mod.), maintains the prohibition of selling negotiable values with foreign currency liquidation if remover positions are maintained in cautions or passes in pesos.
Source: Ambito
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