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The CNV incorporated the provincial guarantee funds in the discussion on the new financial instruments for regional economies

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Within the framework of the capital market federalization plan being promoted by the National Securities Commission (CNV), a technical meeting was held with provincial guarantee funds with the idea of ​​analyzing the draft general resolution to promote regional economies and chains of value, which is currently under public consultation.

Together with the CNV authorities, representatives of FOGACH (Chaco), FOGAPLAR (La Rioja), GARANTIA SAN JUAN (San Juan), FOGADEF (Tierra del Fuego), FOGABA (Buenos Aires) and FOGAER (Entre Ríos) participated in the meeting.

The meeting discussed the benefits in regulatory terms that the resolution brought to public consultation and the role that guarantee funds can play in the framework of transactions carried out by companies and SMEs in each of these districts were discussed.

Those attending the meeting held remotely headed from CNV by Matías Isasa, one of its directors, agreed on the importance that the provincial governments support through guarantee funds and through assistance policies the local productive networks, as well as on the importance that the capital market may have as a promoter of new instruments that drive financing for different sectors of the real economy and anywhere in the country.

10-13-20

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Regulator Information

Abbreviation: CNV
Jurisdiction: Argentina

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