Publications - Corporate and M&A
Colombia issues three decrees that modify the requirements of equity of some financial institutions
The Colombian government issued Decrees 1420 of 2019, 1421 of 2019 and 1349 of 2019, modifying the equity requirements for asset managers of third parties, credit establishments and insurance entities, in order to adapt them to international…
Colombia regulates the temporary transfer of securities and investments in participations issued by ETFs
With the issuance of Decree 1351 of 2019, some provisions of Decree 2555 of 2010, were modified related to investments in participations issued by stock exchange funds, temporary transfer operations of securities in the counter market, and the…
Sports & Entertainment Magazine - July 2019
Magazine of the Sports & Entertainment industry corresponding to the last quarter focusing on tax and legal matters of interest in the field of Sports.
EURIBOR: the worst has been avoided, though much remains to be done
Two crucial steps for orderly implementation of a new EURIBOR benchmark compliant with the European Benchmarks Regulation (BMR) have just taken place. One is the authorization of EURIBOR administrator EMMI, and the other, the recent publication of…
Highlights of the Revised Negative Lists for Foreign Investment Access
“Special Administrative Measures for Foreign Investment Access (Negative List) (2019 Edition)” and the “Special Administrative Measures for Foreign Investment Access in Pilot Free Trade Zones (Negative List) (2019 Edition)”…
Libra: the legal and regulatory aspects will be decisive for the new currency
The Libra Association, founded by Facebook and 27 other organizations, intends to promote the construction of a global financial infrastructure and issue from it a new cryptocurrency called Libra, enabling operators to carry out payment transactions…
The first stage has begun for law transposing EU directive on the encouragement of long-term shareholder engagement
The Ministry of Economy and Business has announced commencement of the comment period for the Preliminary Bill amending the revised Capital Companies Law, approved by Legislative Royal Decree 1/2010, of July 2, 2010 and other financial legislation,…
Things to know on the Chinese pricing tag
To the retail operators, administrative penalty imposed on price cheating is one of the most common administrative penalties they would face in their daily operation. Price Cheating, as provided in the Pricing Law of the People's Republic…
Shareholders only have the right to inspect certain documents and content
In Colombian public limited companies and simplified joint stock companies, inspection rights are subject to a series of rules regarding the documents and content that can be inspected. We recommend preparing regulations setting out how shareholders…
Regulations are issued on the use of cloud computing for financial services in Colombia
In response to the digital transformation of services for the storage, processing and use of data, and to promote the use of cloud computing for the provision of financial services, the Colombian Finance Authority (Superintendencia Financiera de…
These are Spain's measures to prepare for a no-deal Brexit in the fields of employment, judicial cooperation, financial services and customs
The Spanish government has adopted a range of contingency measures to prepare for the event of the United Kingdom leaving the European Union without an agreement on March 30, 2019. They are temporary measures approved through Royal Decree-Law 5/2019…
Energy auction process in Colombia ends, no contracts have been awarded and a new process is expected
The conditions for competition set for the auction were not met. The next auction is expected to take place in the second quarter of this year. Before June 30, 2019 in other words.