Takeaways from COP28 from a European perspective
Following the conclusion of the Climate Summit, we analyze the agreements reached and the challenges that the goals it set raise at the European level, in a new edition of 'Garrigues Sustainable dialogs'.
EU: The Regulation allowing securitization bonds to be designated as European Green Bonds has been published
European Regulation 2023/2631, which will become applicable on December 21, 2024, envisages this option for securitization bonds, except in the case of bonds issued for synthetic securitization purposes.
The Corporate Sustainability Due Diligence Directive, a step closer to final approval
The Council and the European Parliament have reached a provisional agreement on the future directive on corporate sustainability due diligence.
Tax Newsletter - November 2023
We analyze the main news, judgments, resolutions and regulations in the latest issue of the Tax Newsletter.
Spain: These are the requirements of the computer or electronic billing systems and programs
Royal Decree 1007/2023 regulates the new requirements of systems and programs for billing processes and standardize formats for billing records.
One of the last pending regulations for the development of the General Audiovisual Communications Act is submitted to public hearing
The Ministry of Economic Affairs has published today (here) the draft royal decree regulating the requirements for being considered a “special interest user”. This regulation is subject to a public hearing. Interested parties may submit their…
Chile issues new regulation for capacity payment to encourage investment in energy storage
The Ministry of Energy has submitted amendments to the current regulations on capacity payments to the Office of the General Comptroller, which include storage systems. This regulation was largely expected by the market, given the need of…
The proposed corporate sustainability due diligence directive: a huge challenge that companies need to be prepared for
Coinciding with the 75th anniversary of the Universal Declaration of Human Rights, the legislation being prepared by the European Union in this area and, more specifically, the proposal for a directive on corporate sustainability due diligence, has…
On December 8, 2023, the new Official Mexican Standard on occupational health and safety conditions for remote work will come into force
Those individuals working remotely at least 40% of the week will be subject to specific rules related to their rights and obligations in connection with this employment modality.
Colombia: Companies must elaborate and file corporate sustainability reports that reveals the reality of their corporate practices
The Superintendence of Companies has issued administrative recommendations for the submission of corporate sustainability reports that certain entities must prepare.
Peru: New opportunity to submit the Detailed Environmental Plan for the development of hydrocarbon activities
A draft amendment to the Regulations for Environmental Protection in Hydrocarbon Activities incorporates new elements for the regularization of activities in this field that have been carried out without an approved environmental management…
The Government of Mexico obliges to give priority to passenger rail transport service on currently concessioned tracks to private parties for cargo transport
Companies holding concession titles will have until January 15, 2024 to submit viable proposals in terms of investment, construction time and modernization of these railroads to provide passenger transport services.
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