In order to issue instructions regarding the rules for authorizing regulations for products from the electronic savings and deposit sections, and the mechanisms for resolving bridge banks, the Colombian Finance Authority (SFC) has issued External Circulars Nos. 025 and 026 of 2018.
Garrigues has brought Jaime de Larraechea Carvajal on board as partner at the Santiago de Chile office, reinforcing its financial, corporate and M&A practice in the country.
In light of the publication of Legislative Decree 1405 (09.12.18), which reforms the right to vacation time in Peru, we set out below an overview of the main legal provisions regulating the right to vacation time in Brazil, Mexico, Colombia, Chile and Peru.
The proposed amendment includes important changes to the systems regarding notification of administrative acts, time barring of administrative disciplinary proceedings, ex officio nullity of acts and validity of enabling instruments, among other highly relevant aspects of Public Administration/citizen dealings.
At a ceremony held last night in New York, the Garrigues Tax Department in Colombia received the Americas Tax Policy Team of the Year award. The event brought together the leading firms from 12 North, South and Central American countries, including the United States and Canada.
A new General Law on Sustainable Forestry Development was enacted, entering into force on June 6, 2018.