Bogotá

02-15-2019
All individuals or legal entities that are registered on the Single Bidders Register (“RUP” by its Spanish abbreviation) must renew their registration no later than the fifth business day of April, in accordance with Decree 1082 of 2015.
02-05-2019
The Colombian Superintendence of Industry and Commerce (SIC) issued Resolution 93503 of 2018 which sets the value of operational revenue and/or total domestic assets that shall be taken into consideration when evaluating the need of conducting merger control before this authority.
01-02-2019
In order to maximize the benefits that innovation brings to the finance industry and thereby to increase people’s access to financial services, the Colombian Ministry of Finance issued Decree 2443 of 2018, authorizing credit establishments, financial service firms and capitalization associations to acquire holdings in the share capital of domestic or international companies that have as their sole purpose to develop and apply innovation and technologies connected with the corporate purpose of the supervised entities.
01-02-2019
In order to maximize the benefits that innovation brings to the finance industry and thereby to increase people’s access to financial services, the Colombian Ministry of Finance issued Decree 2443 of 2018, authorizing credit establishments, financial service firms and capitalization associations to acquire holdings in the share capital of domestic or international companies that have as their sole purpose to develop and apply innovation and technologies connected with the corporate purpose of the supervised entities.

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