Our Foreign Exchange Law department has extensive experience advising local and international clients, particularly from a precautionary point of view.
Our specialty is focused on the exchange regulations applicable to financial, commercial and foreign trade operations of goods and services, as well as the requirements and exchange criminal proceedings that the Argentine Central Bank ( the "BCRA", after its acronym in Spanish) may initiate as a result of non-compliance with such regulations.
Our services include the following:
- Exchange and foreign trade advice: includes advice on exchange and foreign trade matters of goods and services, such as financial transactions, imports, exports, foreign exchange settlements, ad-hoc mechanisms and structures to make payments abroad in foreign currency, observations of monitoring banks or BCRA, etc., including queries by telephone, email and/or meetings.
- Exchange criminal requirements and summary proceedings: this includes preliminary advice on exchange criminal requirements or summary proceedings initiated by the BCRA and the definition of defense strategies. The preparation of responses to the requirements of the BCRA as well as evidence of exchange criminal proceedings initiated against the Company, directors and/or officers and their follow-up and processing in the administrative and judicial stage, will be taken into account.
- Training and updating: our department has a team that can provide informative talks and training on current exchange issues which impact the daily operations of a company.
- Marval News: a monthly report sent by email with the most important legal news, including exchange and foreign trade regulations.
- Seminars / Breakfasts: we periodically hold seminars or working breakfasts in which current issues in foreign exchange are discussed.