Within the framework of the pandemic declared by the World Health Organization in relation to the coronavirus (COVID-19), the Board of Directors of the Central Bank of the Argentine Republic (BCRA) extended, through Resolution No. 137/2020, until April 12, 2020, the suspension of the foreign exchange and financial summary proceedings instructed under the terms of the Foreign Exchange Criminal Regime Laws No. 19,359 and Financial Institutions Laws No. 21,526, respectively, without prejudice to the validity of the procedural acts that are carried out in that period because the intervention of the accused is not necessary in them.
Likewise, the BCRA empowered the Superintendence of Financial and Exchange Institutions to decide which cases need to be resolved urgently and to commission the corresponding actions on these dates.
Previously, it had been ordered by Resolution No. 117/2020 to declare March 16 to 31 non-working days. The new resolution then declares April 1 to 12 inclusive as non-working days.
This new decision of the Board of Directors is part of the measures recently adopted by the National Executive Branch (Decree 325/2020) and by the Supreme Court of Justice of the Nation, which agreed to extend the proceedings in progress before all the courts that make up the Judicial Branch of the Nation.
