The Central Bank of the Argentine Republic (BCRA) established a new extension, until May 10, 2020, of 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 defendants is not necessary in them. The new Resolution No. 176/2020 declares the days of April 27 to May 10 inclusive as non-working days for this type of action.
This new provision of the BCRA is part of the measures adopted by the National Executive Branch (Decree 408/2020) 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.
