New regulations from Argentinean CNV promote the use of the capital market to leverage SMEs financing

The National Securities Commission (CNV) of Argentina approved a new regulation (resolution RG 937) which introduces a series of changes and improvements that impact the guaranteed and non-guaranteed financing regime for small and medium-sized companies, through larger maximum amounts for the issuance of negotiable obligations and greater requirements for disclosure of information on the situation of guarantee entities.

The initiative is part of the joint work that the CNV has been carrying out with the Secretariat of Small and Medium Enterprises and Entrepreneurs (SEPyME) to boost the financing of these companies, being engines of regional economies throughout the country.