Argentina has taken measures in order to prevent money laundering and financing of terrorism. Through the establishment of the Financial Information Unit, Argentina will have more focused efforts on payment regulation.
As a member of the Financial Action Task Force (FATF), Argentina now requires more in-depth information regarding payments. These include Know Your Customer requirements as well as other detailed transaction information which can be found in the official regulation documents listed below. For more information regarding FATF, please visit the FATF website and Argentina's membership page.
Non-compliance of payment regulation can result in delayed or rejected payments and/or fines.
For more information regarding payment regulation, please visit the website of the Central Bank of Argentina and the section titled "Argentina" in J.P. Morgan's Treasury Services' Global Payment Guide 2013-2014.
Official Regulation Documents