The BCRA has extended once again the suspension term for foreign exchange and financial summary proceedings—up to August 30, 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.
This decision has been adopted under Resolution 319/2020, which declares the term from August 17 to August 30 as non-business days.
The BCRA has taken this decision in line with the measures adopted by the Executive Branch (Executive Order 677/2020), in the framework of the COVID-19 pandemic.
