The suspension of the summary proceedings was extended again until September 20

Tuesday, September 1, 2020

The Central Bank of the Argentine Republic (BCRA) established a new extension, until September 20, 2020, of the suspension of foreign exchange and financial summary proceedings.

The Central Bank of the Argentine Republic (BCRA) established a new extension, until September 20, 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 Law 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.

Resolution No. 331/2020 declares the days from August 31 to September 20 inclusive for this type of action to be non-working days.

This new resolution of the BCRA was issued in line with the measures adopted by the National Executive Branch (Decree 576/2020), in the framework of the COVID-19 pandemic.

 

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