Suspension of foreign exchange and financial summary proceedings is extended once again

Monday, June 8, 2020

The BCRA has extended once again the suspension term to file foreign exchange and financial summary proceedings up to June 28, 2020.

The BCRA has extended once again the suspension term to file foreign exchange and financial summary proceedings—up to June 28, 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 in line with Resolution 242/2020, which declares the term from June 8 to June 28 as non-business days.

In addition, the BCRA has taken this decision in line with the measures adopted by the Executive Branch (Executive Order 520/2020) and the Supreme Court, which agreed on extending pending proceedings before all courts in the Judicial Branch.

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