The BCRA Advances on Non-Financial Credit Providers

On 10/22/20 the BCRA issued Communication “A” 7146 that establishes new rules for non-financial credit providers , which are those legal entities that, without being financial entities according to the Financial Entities Law (“ LEF ”) , carry out –as a main or ancillary activity– offer of credit to the general public, regularly granting financing covered by the specific regulations of the BCRA. MORE.