Publications - Corporate and M&A
Data protection regulation in Latin America and the impact of the GDPR
The General Data Protection Regulation (GDPR), which is compulsory as from today, is a complex regulation that extends beyond the borders of Europe. The new rules will affect all companies, regardless of their location, that handle data of…
Chile: support for the pro-investment agenda and creation of an office to manage sustainability projects
On May 14, 2018, the Chilean President Sebastián Piñera and the Minister of the Economy José Ramón Valente announced: (i) that a bill would be sent to the Chilean legislature to promote the government’s “Pro-Investment Agenda” (the…
New forms approved for filing financial statements at the commercial registry
Order JUS/319/2018, of March 21, approving the new forms for filing at the commercial registry the financial statements of the parties required to publish them was published on March 27.
Urban Rail Transit Vehicles Investment Projects are Facing Capacity Monitor
On March 9, 2018, the General Office of the National Development and Reform Commission (NDRC) released the Circular on Issues Relating to Strengthen the Monitor of Urban Rail Transit Vehicles Investment Projects ([Fa Gai Ban Chan Ye [2018…
Decree 415 of 2018 modifies the capital requirements of some financial institutions
The Colombian government issued Decree 415 of March 2 of 2018 which modifies the capital requirements applicable to trust companies, managers of pension and severance funds, stock brokerage companies, investment management companies and insurance…
Project bonds made simpler in Spain
It’s now easier than ever to finance a project in Spain through a bond issue. The reforms introduced in recent years to the Capital Companies Law and the Securities Market Law, coupled with the approval of the Business Financing Law, have made…
The Supreme Court makes an unexpected change to the legal treatment of executive directors’ compensation
In its judgment of February 26, 2018, the Supreme Court modified the interpretation given by most experts and authorities and by the Directorate-General of Registries and the Notarial Profession in its decision dated June 17, 2016, ratified by the…
Countdown to the General Data Protection Regulation (GDPR)
On May 25 2016, the General Data Protection Regulation (GDPR) became mandatory, having been published in the Official Journal of the European Union three weeks earlier. The regulation established a term of two years within which members states and…
Will the General Data Protection Regulation make business cards a thing of the past?
It is believed that business cards, such a 20th century phenomenon, were first used in China back in the 15th century and that they had reached Europe by the 17th century. Despite their antiquity, they nevertheless continue to play an important role…
Can the stand-in of a board of directors give the power to a third party?
Ignacio Londoño, partner of Garrigues Colombia ('Asuntos Legales'). CONTENT IN SPANISH
Business incubators and accelerators… Which one does your startup need?
In general, the terms “accelerator” and “incubator” are used synonymously, although they refer to different concepts with distinct purposes and processes. In order to be able to understand how an incubator or accelerator can…
New obligations under the proposed act on openness in public life
The Act on Openness in Public Life, which is currently being prepared, entails many changes that are sure to be important for many enterprises. There are three main areas in which the proposed act will have a direct effect on the operation of…