The BCRA has issued Communication A 6850, establishing a minimum regulatory capital—defined as net worth minus subscribed capital—of 10 million ARS for foreign exchange houses and of 5 million ARS for foreign exchange agencies.
Foreign exchange houses and agencies must also post collateral of not less than 10% of their capital requirements.
Failure to meet the minimum capital requirement or to post collateral will result in license suspension for 60 calendar days.
