The BCRA has extended once again the suspension term of foreign exchange and financial summary proceedings—up to October 11, 2020, within the terms of Law 19,359 on Foreign Exchange Criminal Regime and Law 21,526 on Financial Institutions, respectively—, notwithstanding the validity of the proceedings carried out in such period, given the intervention of the defendant is unnecessary.
Resolution 354/2020 declares the term from September 21 to October 11 as non-business days.
The BCRA has taken this decision in line with the measures adopted by the Executive (Executive Order 754/2020), within the framework of the COVID-19 pandemic.
