The National Securities Commission (“CNV”) issued General Resolution No. 1161/2026, through which it established the application of the Participatory Rulemaking Procedure (“EPN”), as provided for in Decree No. 1172/2003, with respect to the draft regulations for Collective Investment Products of Labor Assistance Funds (“PIC FAL”), contained in Annex I of the resolution. The draft proposes incorporating into the CNV’s regulations a specific regime for PIC FALs, which may be established as Open-Ended Mutual Funds (“FCIA FAL”) or Financial Trusts (“FF FAL”)
Access the complete text of the Resolution here.
For more information, please contact:
Sebastián Luegmayer – LuegmayerS@eof.com.ar