What are the ICPs of Labor Cessation: Keys of the project that transforms compensation into an investment fund

The National Securities Commission (CNV) provided for a public consultation process to regulate the new “collective investment products of Labour Cessation”. This is a preliminary step in the implementation of the Labour Cessation System provided for in Decree No. 847/2024, which seeks to offer an alternative to traditional seniority compensation in cases of [...] The post Dismissal compensations will be quoted on the capital market: what are th…

Dismissal compensation could radically change in Argentina. The National Securities Commission (CNV) is promoting a new system for labour funds to be managed as financial instruments within the capital market. Through a public consultation, it seeks to define the normative framework of the so-called "Collective Investment Products of Labor Cessation"...

The norm regulates the System of Labor Cessation. The measure opens a period to receive opinions and comments on the initiative that seeks to modernize the system of labor compensation and dynamize the Argentine capital market. It is presented as an alternative to the traditional compensation for seniority established in article 245 of the Law [...]

The National Securities Commission launched a public consultation process to regulate the “Compulsory Investment Products of Labour Cessation” (PICs), under Decree No. 847/2024, with the aim of replacing seniority compensation in cases of job separation.

The CNV launched a public consultation to define how the new cessation of work funds will work. They could replace classic compensations with market instruments.

The National Securities Commission opened a public consultation to receive proposals on the new cessation of work regime, financed by capital market investments. Milei and Sturzenegger, the Minister of Deregulation. Source: MG The national government took a step forward in the implementation of the cessation of work funds by collective agreements, as stipulated in the Basic Law approved by Congress in June of last year. This is the new mechanism…