On March 27th Colombia’s Constitutional Court issued a press release, in connection with the D-14851 process, declaring the unconstitutionality of articles 66 (incentives relating to leniency programs) and 67 and 68 (new sanctioning regime) of Law No 2195/2022, due to vices during the legislative process of said law.
The new Law approved systematizes and reorganizes the Spanish securities market regulation, adapts it to the recent provisions in several European directives, particularly in the area of crypto-assets and distributed ledger technologies, and simplifies and makes certain procedures more flexible in order to increase the competitiveness of the Spanish securities market. It also introduces new provisions in the field of tender offers, investment services firms and collective investment vehicles, and regulates for the first time the SPACs.
On March 1st 2023, Mexico City's Circular Economy Law came into force, which aims to encourage and promote responsible production and consumption habits through reuse, remanufacturing, and recycling.
On March 1st, 2023, the Agreement resuming legal terms and deadlines at the Ministry of Energy (SENER) and the Energy Regulatory Commission (CRE) Agreement A/004/2023 containing the new rules applicable to certain formalities, procedures and activities after the suspension of deadlines due to the COVID-19 health emergency, came into force.
Below we analyze the three laws published on March 1 in the Official State Gazette, together with the main obligations, changes and implications they will carry for companies.
