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  • Spain: The CNMV analyzes ESG reporting by listed companies as required by the EU taxonomy

    The report looks at the documentation provided by companies and provides some brief general recommendations to help improve the information published.

  • The Council of the European Union adopts the Recommendation on developing framework conditions for the social economy and Conclusions on mental health and precarious work

    The Recommendation includes measures promoting the role of the social economy in labor market integration and social inclusion. The Conclusions on mental health and precarious work contain a set of suggestions with the aim of promoting the…

  • Challenges and opportunities in renewable energy financing in Spain

    Experts in renewable energy financing addressed, in a discussion led by Garrigues and G-advisory, the current state of financing for these kinds of projects in Spain, in a new edition of the “Garrigues Sustainable Dialogs”. 

  • Peru: The Indecopi published the Environmental Advertising Guide for the dissemination of ‘green advertising’ and to avoid ‘greenwashing’

    If ‘greenwashing’ is identified, the authority will impose a sanction ranging from a reprimand to a fine.

  • Peru: Indecopi approved 27 mergers in an average of 44 business days in the first two years of its merger control regime

    A study by Garrigues and the Spanish Chamber of Commerce in Peru reports an update of the merger control regime, looking at legal and economic approaches to the law

  • The new energy efficiency directive imposes a reduction in energy consumption by at least 11.7% for 2030

    A number of measures to promote energy efficiency are laid down and the legislation will have to be adopted before January 2025.

  • Generative AI: Can data models be protected?

    Data models, which are the “brain” of artificial intelligence systems cannot be protected under intellectual property law. In principle, they are not patentable either, but they could perhaps be protected as trade secrets. Let’s take a look at what…

  • Colombia: The chambers of commerce and foreign non-profit organizations will be required to adhere to self-regulation systems, transparency standards and principles of business ethics

    A recent directive, released by the Superintendency of Companies, includes such organizations with a permanent presence in Colombia as obligated entities. Therefore, they are required to initiate the “SAGRILAFT” and “PTEE” programs by no later than…

  • Tax Newsletter - July, August and September 2023

    A comprehensive compilation of the main new developments in tax matters in Spain.

  • The European Union bans the use of microplastics

    To protect the environment and human health from their toxic effects, the EU has restricted the use of synthetic polymer microparticles intentionally added to products.

  • Spain: The artificial intelligence regulatory "sandbox" has arrived

    Spain plans to set up a controlled testing facility to ensure that this technology develops in line with European legislation.

  • Energy Market Newsletter for Chile and Peru – September 2023

    We are pleased to showcase the main legal and market developments for the energy sector in Chile and Peru. Garrigues teams focused on Energy in Chile and Peru address topics of interest to sponsors, developers, financiers and other stakeholders in…