Investment arbitration has not been without its critics in recent years. Following the Achmea decision, which it has been said drove a stake through the heart of investment arbitration in the European Union, this mechanism has prompted criticism and the Latin American context is not exception.
The region has seen a few very important debates, of great interest to all the parties involved, on the subject of investment arbitration, including the use of discovery in investment arbitration, Ecuador's return to the ICSID Convention, and Colombia's success in investment disputes, all explained below.
G-Advisory (the Garrigues Group consulting firm), in conjunction with Simulyde, has just published its Q2 2021 update report on pool price forecasts, which analyzes recent trends. G-Advisory expects a medium-term decrease in electricity prices in Spain despite the current rise, as highlighted in the document’s conclusions.
On April 30, 2021, Sepblac published data on the activities carried out in 2020, in the exercise of its powers as the Financial Intelligence Unit (FIU), as supervisory authority and as the body entrusted with maintaining the Centralized Banking Account Register.
China’s Ministry of Industry and Information Technology (MIIT), Cybersecurity Administration of China (CAC) and Ministry of Public Security (MPS) jointly published the Provisions on Administration of Security Vulnerability of Network Products (Provisions), which will be in force as of September 1, 2021. The Provisions have established rules for the detection, collection, publication and other activities in relation to the security vulnerability of network products. We hereby summarize the Provisions as follows: