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Brief
On 19/06/2025, the "National Securities Commission (Comisión Nacional de Valores, CNV)" issued an update regarding "New Special Regime for Collective Investment Products for the Cessation of Employment (FCIs and FFs)". The regulation governs the System of Labor Termination, allowing employers and employees to substitute indemnification for seniority, establishing a system of Fondo de Cese through collective bargaining agreements.
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