Dentons (JD Supra Argentina)

On May 20, Argentina’s Central Bank (“BCRA”) and the National Securities Commission (“CNV”) issued a joint statement warning about the risks and implications involved in using and investing in crypto-assets.

Status – Has any special status been introduced? The Argentine government took measures to minimize the spread of COVID-19 since the very beginning of the pandemic.

The disruptions on the economy and the labor markets caused by COVID-19 pandemic worldwide, were immediately followed by aid relief measures established by virtually every government. Within a context of emergency, financial relief measures such as loans, tax deductions and others, imply certain compliance risks for companies and businesses that should be thoroughly considered.   

The Argentine government took measures to minimize the spread of COVID-19 since the very beginning of the pandemic.

Since the beginning of the COVID-19 pandemic, the Argentine Data Protection Authority has issued several recommendations and regulations, particularly focused on how the COVID-19 affects the personal data protection field.

The National Ministry of Health issued Resolution No. 654/2021 (hereinafter referred as the “Resolution”) This Resolution approved an Exception Access Regime for products that contain cannabinoids or derivatives of the cannabis plants devoted exclusively for medicinal uses in individual treatments or in the framework of scientific research.

Production of Argentine Natural Gas. Funding for gas project. Foreign exchange restrictions excepted. This resolution establishes that payment of dividends, loans and funds repatriation are exempted from some foreign exchange restrictions.

Two bills were introduced in the Argentine Congress aiming to create a national legal framework for crypto assets. During the last years, Argentina’s crypto assets ecosystem has been growing constantly and significantly gaining certain relevancy within the LatAm region and globally. Crypto assets have been of particular interest in Argentina as a way to mitigate the inflation effect over the...

On October 29, 2020 the National Federal Administrative Court of Appeals ruled in the case of “Cano, Juan Carlos c/ DGI s/ recurso directo de organismo externo.” The case was related to a refund requested by Juan Carlos Cano for an amount of ARS$159,794.

The Argentine Congress passed Law No. 27.573 declaring of public interest the research, development, manufacture, and acquisition of vaccines for coronavirus, within the health emergency framework established by Law No. 27.541.

In the frame of COVID-19 Pandemic, Argentina is currently not only facing the worldwide economic crisis, but also an “exchange crisis”. Since August 2019, the Government has enacted a set of regulations that increasingly limited the access to the foreign exchange market, especially affecting local operations in US Dollars (this general FX restriction is locally known as “cepo cambiario”).

The Secretariat of Domestic Trade issued a resolution which establishes the obligation of companies to introduce in their websites a link that will allow consumers to cancel the purchase of goods or services. The new resolution 424/2020 (the “Resolution”) of the Secretariat of Domestic Trade (the “Secretariat”) establishes that those who provide services or market goods through websites must...