On October 29, 2026, General Resolution 1174/2026 (the “Resolution”) of the National Securities Commission (Comisión Nacional de Valores, the “CNV”) was published in the Official Gazette of the Argentine Republic. The Resolution replaces Title XV of the CNV Rules (restated text 2013, as amended), which governs the Financial Information Highway (Autopista de la Información Financiera, “AIF”).
What the Resolution changes:
- New organization by category of regulated entity: The obligations of each category of covered entities are identified separately, with a list of forms for each.
- Relaxation of the operator key requirements: The requirements for obtaining an AIF operator access key are simplified, without the need to go through the TAD (Remote Procedures) platform.
- Elimination of notarial certification: The AIF signatory credential no longer requires certification by a notary public.
- Guarantee Entities: The specific requirements established for these entities are eliminated, in light of the recent amendment to the regime applicable to them.
- Interpretive Criterion No. 46: Most of its provisions are incorporated into the regulatory text, and the criterion is repealed.
- Formal updates: Names, references, and aspects relating to the forms and documentation to be filed through the AIF are updated.
- Regime that remains in place: Among other things, the following are retained: the AIF sworn statement with handwritten (wet-ink) signature, which must be updated within five business days after any change; the grace period until 2:00 a.m. (two hours into) the following business day; the binding nature of notifications sent to the registered electronic domicile; and the requirement to file attachments in editable formats.
- Financial Trusts and Negotiable Obligations: The information to be entered and published through the AIF is detailed for each subsystem.
Why is it important?
The Resolution is part of the simplification and regulatory harmonization process driven by Decrees No. 891/2017 and No. 90/2025, and it makes it easier to identify the obligations applicable to each regulated entity. It also reduces the administrative burdens associated with access to the AIF. Covered entities should review the list of forms for their category, as well as their internal procedures for registering operators and signatories and the validity of their AIF sworn statements.
Entry into force:
The Resolution takes effect on the day following its publication in the Official Gazette.
