##  [Latin American Viewpoints - July 2021](/en_GB/new/latin-american-viewpoints-july-2021) 

# Latin American Viewpoints - July 2021





Latam - 07 / 13 / 2021

















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## [**The fintech industry is making inroads in Latin America with new legislation**](https://www.garrigues.com/en_GB/new/fintech-industry-making-inroads-latin-america-new-legislation)

The different jurisdictions in the Latin American region are proposing new regulatory schemes on 'fintech' matters. In this article we analyze the main regulatory trends in Chile, Colombia, Mexico, Peru and Brazil.

[**KEEP READING**](https://www.garrigues.com/en_GB/new/fintech-industry-making-inroads-latin-america-new-legislation)

## [**Software as a Service (SaaS): a challenge posed by highly complex tax rules in a digital and interconnected world**](https://www.garrigues.com/en_GB/new/software-service-saas-challenge-posed-highly-complex-tax-rules-digital-and-interconnected-world)

Software as a Service or SaaS, which allows remote technological support to be offered across borders, raises various questions in tax matters in an interconnected world. In this article, Garrigues tax experts analyze the tax treatment of SaaS in different Latin American countries, in a graphic and simplified way.

[**KEEP READING**](https://www.garrigues.com/en_GB/new/software-service-saas-challenge-posed-highly-complex-tax-rules-digital-and-interconnected-world)

## [**Andean Community arbitrators need to request a preliminary interpretation in order to apply community laws**](https://www.garrigues.com/en_GB/new/andean-community-arbitrators-need-request-preliminary-interpretation-order-apply-community-laws)

The Andean Community Court of Justice (*Tribunal de Justicia de la Comunidad Andina* or TJCA) has clarified the cases in which arbitrators can request a “preliminary interpretation” (*interpretación prejudicial*) in the arbitration proceedings they conduct. They are required to establish, create or apply a statutory principle for the interpretation of Andean legislation in order to settle a dispute submitted for arbitration. The TJCA issued this clarification in a decision handed down in proceeding 01-IP-2021, published in the Official Gazette of the Cartagena Agreement (*Gaceta Oficial del Acuerdo de Cartagena*) of May 6, 2021.

[**KEEP READING**](https://www.garrigues.com/en_GB/new/andean-community-arbitrators-need-request-preliminary-interpretation-order-apply-community-laws)

## [**NPLs and REOs: LatAm, Spain and Portugal wake up to debt market new normal**](https://www.garrigues.com/en_GB/new/npls-and-reos-latam-spain-and-portugal-wake-debt-market-new-normal)

Transactions with non-performing loans (NPLs) started to take off in the second quarter of 2021, especially in Spain and Portugal. The gradual fading in the European Union of the health impact of COVID-19, combined with the progress made in vaccinations, have allowed various “sleeping” transactions to be brought back into motion and new transactions to be closed between the first and second quarters of 2021.

[**KEEP READING**](https://www.garrigues.com/en_GB/new/npls-and-reos-latam-spain-and-portugal-wake-debt-market-new-normal)

## [**Red lines in cooperation agreements between competitors in Colombia**](https://www.garrigues.com/en_GB/new/red-lines-cooperation-agreements-between-competitors-colombia)

Companies competing in the same market must analyze whether a possible alliance between them is in compliance with the country’s antitrust legislation. To do so, they should bear a number of factors in mind which could be anti-competitive or which, on the contrary, could generate enhancements or efficiencies under the agreement. We analyze below all key points in relation to this type of transaction in Colombia.

[**KEEP READING**](https://www.garrigues.com/en_GB/new/red-lines-cooperation-agreements-between-competitors-colombia)

### **CHECK OUR GUIDES AND SPECIALS**

- [Infrastructure projects in Latin America](https://www.garrigues.com/en_GB/infrastructure-projects)
- [International Arbitration Guides](https://www.garrigues.com/en_GB/ia-guides)
- [Doing Business](https://www.garrigues.com/en_GB/db-guides)
- [Taxation of Indirect Sales in Latin America](https://www.garrigues.com/en_GB/guia-ventas-indirectas-latinoamerica)
- [Guide to restructuring tools and insolvency proceedings](https://www.garrigues.com/en_GB/guide-restructuring-insolvency-iberian-latin-america)

**GARRIGUES News**

- [Garrigues receives first prize as the best local legal adviser of the year in Latin America from the international publication ‘IJ Global’](https://www.garrigues.com/en_GB/new/garrigues-receives-first-prize-best-local-legal-adviser-year-latin-america-international)
- [Garrigues receives four awards in Latin America, including the Team of the Year for the Andean States in banking and finance law](https://www.garrigues.com/en_GB/new/garrigues-receives-four-awards-latin-america-including-team-year-andean-states-banking-and)









[LatAm](/en_GB/tags/latam)







 

 



 

 

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![](/themes/custom/garriguestheme/img/iconos/email-contacto.svg)[Contact](<mailto:luis.merino@garrigues.com >)

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[Pedro Saavedra](/en_GB/team/pedro-saavedra-martinez)




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