On April 9, 2026, within the framework of regulatory deregulation and simplification promoted by the National Securities Commission (Comisión Nacional de Valores, the “CNV”), General Resolution No. 1127/2026 (the “Resolution”) was published in the Official Gazette of the Argentine Republic. Through this Resolution, amendments were introduced to the CNV Rules (Consolidated text of 2013 and amendments), simplifying the framework applicable to the corporate oversight of issuers and external auditors.
The Resolution unifies criteria, simplifies regulatory language, and reorganizes articles and annexes, contributing to clearer regulation.
Among the key points, the Resolution:
- Aligns the provisions related to external auditing with the standards of the International Code of Ethics for Professional Accountants adopted by the Argentine Federation of Professional Councils in Economic Sciences (“FACPCE”), particularly regarding services provided by external auditors to public interest entities and the duty to disclose fees billed.
- Defines the scope of the evaluation of the external audit function within the framework of the powers and obligations of the audit committee or the Board of Directors, strengthening internal control mechanisms.
- With respect to the Auditors’ Registry eliminates certain requirements and reorganizes provisions of similar content.
- Systematizes and centralizes the requirements applicable to registration procedures within the scope of corporate oversight of issuers.
The Resolution entered into force on April 10, 2026.
