To ensure the implementation of the Bank’s monetary and financial policy; to make decisions affecting the money and foreign exchange markets; to introduce general policies on the economic regulatory framework and on financial system growth; to establish the denominations and features of bills and coins; to authorize the opening of new financial or foreign exchange institutions or to revoke their authorization to operate; to adopt regulations on Bank organization and management; to perform all the other duties assigned to it under BCRA Charter Sections 14 and 15.

Head of the Superintendency of Financial and Exchange Institutions. In the framework of the general policies set by the Bank’s Board, Sanchez ranks financial institutions, revokes their authorization to trade in foreign exchange markets and approves financial institutions regularization and/or cleanup plans. Moreover, he is in charge of implementing and applying the regulations set forth in the Financial Institutions Law and establishing the requirements financial and foreing exchange auditors should meet. In addition, he performs other functions assigned by BCRA Charter Sections 46, 47 and 48. He is a Board member.