Argentine Central Bank Summons ARECO CAMBIOS SA and Individual for Questioning in Foreign Exchange Probe
The Central Bank of the Argentine Republic is intensifying its scrutiny of foreign exchange activities, issuing summons to both a financial firm and an individual as part of an ongoing investigation. This action signals a continued effort to enforce regulations surrounding criminal exchange practices within the country.
The bank has formally requested the legal representative of ARECO CAMBIOS SA (CUIT No. 30-71628180-5) to appear before the Management of Contentious Foreign Exchange Matters (“GACC”) within 10 banking days. The summons requires a presentation at Reconquista 250, 6th Floor, Office “8601”, in Buenos Aires, with appointments scheduled via [email protected].
Investigation Details and Legal Framework
The case, identified as Electronic File No. EX-2024-00247305- -GDEBCRA-GSENF#BCRA and linked to Foreign Exchange Summary No. 8427, is titled “ARECO CAMBIOS SA AND OTHERS.” According to the official notice, the proceedings are being conducted in accordance with Article 8 of the Regime Law Criminal Exchange No. 19,359, as amended by Decree No. 480/95. The bank has also informed ARECO CAMBIOS SA of the availability of free legal services, including access to Ombudsman’s Offices and a Mobile Legal Unit provided by the Public Ministry of Defense, warning of potential consequences for non-compliance – specifically, a declaration of rebellion.
Individual Summoned for Questioning
In a related development, the BCRA has also summoned Mr. Pablo Gabriel DEL PRIORE (DNI No. 23,606,239) to provide a statement as a potential offender. This summons, issued on February 5, 2026, requires his appearance before the GACC on February 27, 2026, at 11:00 a.m., with a warning of default for failure to appear. The summons relates to Article 5, subsection c) of the aforementioned regulatory body.
“These actions demonstrate the BCRA’s commitment to upholding financial regulations and investigating potential violations,” stated a senior official.
The official notice, signed by Claudia Beatriz Viegas and Cristian Feijoo, Senior Analysts with the Foreign Exchange Litigation Affairs Management, was issued on February 10, 2026 (N° 6515/26, validated February 18, 2026) and will be published for five days in the Official Gazette. The investigation remains ongoing, and further details are expected to emerge as the proceedings unfold.
