ARGENTINA Law and Practice Contributed by: Roberto Durrieu, Tomas Guido and Aranzazú Sesma Lasierra, Estudio Durrieu
9.2 Likely Changes to the Applicable Legislation of the Enforcement Body Argentina has dropped in international anti- corruption rankings. Therefore, it is unlikely that changes will be made to the current legislation or the enforcement body in the foreseeable future. However, the country has been gradually adapt - ing its regulations to the international conven - tions on the matter, as a result of which certain modifications are foreseeable. Specifically, a bill to eliminate the statute of limitations related to corruption offences is currently in parliamentary debate. In addition, the creation of a specialised Prosecutor’s Office for the Extinction of Owner - ship under the orbit of the Public Prosecutor’s Office has been anticipated since 2019, but is yet to be fully realised.
ture and the effectiveness of the implemented measures. Depending on the results, further actions may be taken, including extending the monitor’s role or additional penalties if neces - sary.
9. Assessment 9.1 Assessment of the Applicable Enforced Legislation
Argentina has been formally assessed by the International Financial Action Task Force (GAFI), which indicates the importance of improving mechanisms to detect the final beneficiary hid - den behind legal entities. On the other hand, the Organisation for Economic Co-operation and Development (OECD), based on the Punta del Este Declaration, highlights the efforts of Argentina in its use of advanced IT tools by the agencies to select cases for audit and the results obtained.
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