Virtual currencies or cryptocurrencies are not yet regulated in Colombia. This raises myriad questions when studying the possibility of structuring a credit agreement with cryptocurrencies in Colombia. In this article, we discuss the key issues to bear in mind on this subject.
The entry into force in Colombia of Act 2195 of 2022 has given rise to the need to analyze how the changes made to the sanctions for violations of the antitrust rules compare to those that exist in other jurisdictions. This article will examine the cases of Colombia, Chile, Mexico, Peru, the European Union, the United States and Australia, with respect to the different methodologies used to calculate the basic amounts of fines for anti-competitive practices, as well as the multiple elements that are taken into account when determining the appropriate amount of the fine.
Following a series of reforms in the Mexican energy sector implemented by the current administration, the Office of the United States Trade Representative (USTR) has submitted a request for consultations with the Mexican government pursuant to Articles 31.2 and 31.4 of the U.S.-Mexico-Canada Agreement (USMCA).
In a region long known for volatility in exchange rates, whether or not tax accounting can be kept in foreign currency and how exchange differences are treated for tax purposes are crucial matters for multinationals operating all over the continent. In this article, we discuss the rules in place in Mexico, Peru, Chile, Colombia and Uruguay.
The growth of investment arbitration in the region is explained by the political and economic climate. In this article we look at the case statistics in each country, along with the outlook for the near future.
The firm continues to bolster its Latin American offering with the addition of a new partner, Carolina Camacho, who will take charge of the labor law department in Bogotá.
In an earlier edition of our Latin American Viewpoints newsletter (see here), we analyzed the main provisions applicable to notification of mergers and acquisitions in Chile, Peru, Colombia and Mexico. In this second part, we examine a few transactional and strategic elements that might be useful in these jurisdictions, in light of the competition legislation in each of them.
The electricity system has been a big focus point in Mexico in recent years and is now attracting attention after the government’s attempt to implement changes (particularly the sought constitutional reform). This article describes the state of play, arranged in the order of events.
The circular economy presents itself as an alternative to the current production and consumption model. It is built around the aim to decouple economic activity from consumption of finite resources and to transition to the use of renewable energy sources. And the goal of this economic concept intertwined with sustainability is resource efficiency by turning one person's waste into another's resource. In this article we look at where Chile, Colombia, Mexico and Peru stand regarding the circular economy.