Financial Intelligence Unit Updates Its AML

On June 5, 2025, the Argentine Financial Intelligence Unit (UIF) issued Resolution 78/2025, amending the regulatory framework on the prevention of money laundering, terrorist financing, and financing of the proliferation of weapons of mass destruction, within the framework of the changes established through Decree 353/2025.

The amendments update several UIF resolutions. Key changes include:

1. For the real estate sector and notaries public, the threshold above which cash-paid real estate purchase and sale transactions must be reported is increased to 750 minimum monthly wages (SMVM), up from 200 and 700 SMVM, respectively.

2. Regarding motor vehicle registry offices, the reporting threshold for vehicle purchases is raised from ARS 26,000,000 to ARS 50,000,000, and the annual transaction threshold for determining whether a client profile must be prepared is increased from ARS 60,000,000 to ARS 115,000,000.

3. The identification threshold that financial institutions must apply for cash deposits and foreign exchange transactions is raised from 20 SMVM to 40 SMVM.

Finally, in all cases, the use of tax affidavits for preparing customer or transactional profiles is expressly prohibited.

The Resolution has been in effect since June 6, 2025.