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Fintech Regulations
3 Months Ended
Mar. 31, 2023
Fintech Regulations [Abstract]  
Fintech Regulations Fintech Regulations
Regulations issued by the Central Banks and other regulators of the countries where the Company operates applicable to its Fintech business are described in Note 3 to the consolidated financial statements in the Company’s 2022 10-K.
Recently issued regulations issued by CBA
On September 1, 2022, the CBA issued Communication “A” 7593, which extended the application of regulations for the protection of financial services users to the payment service providers who offer payment accounts (“PSPOCP” according to its Spanish acronym). The regulations were already applicable to non-financial credit providers. This communication came into effect on March 1, 2023. On February 15, 2023, the CBA issued Communication “A” 7699, which establishes that PSPOCPs must submit the Information Regime on Claims, with the first submission deadline being April 24, 2023, and the Information Regime on Transparency - Chapter II -, whose first submission deadline for monthly information corresponded to March 14, 2023.