New Restrictions for Payments of Imports of Services and Sumptuary Goods

On 1/6/22, the BCRA issued Communication “A” 7433 that creates a new requirement for the payment of service imports through the foreign exchange market (“MLC”): the declaration in the Comprehensive System for Monitoring Payments Abroad of Services (“SIMPES”), in “approved” status, similar to the repealed “DJAS”. MORE.