Sustainability
The reform of the National Water Law redefines the use of water and raises the requirements for the tourism and hotel sector in Mexico
The recent reform of the National Water Law introduces a decisive shift in the management of water resources in Mexico, by prioritizing human consumption, reinforcing state control and tightening the regime of concessions and sanctions. This new regulatory framework has immediate and relevant implications for hotels, resorts and tourism developments, which will have to adapt quickly to greater compliance, sustainability and traceability obligations to guarantee the continuity of their operations and avoid legal and operational risks.Reform of the National Water Law in Mexico: A new paradigm of water management for industries
The reform of the National Water Law introduces profound changes in the regulation of the use and exploitation of water in Mexico, prioritizing human consumption and sustainability. It also strengthens state control, tightens the concession regime and establishes stricter obligations for all users of water resources.Spain and the EU strengthen the circular economy agenda: new PEMAR 2025-2035 and new measures on plastics
The end of 2025 has been marked by the new National Framework Plan for Waste Management, which redefines the waste management strategy in Spain, while, in parallel, the European Union keeps promoting a first pilot to accelerate the circularity of plastics as a prelude to its future Circular Economy Law.Spain - New Sustainable Mobility Law: this is the regulatory framework for an orderly transition to a new transport system
The law sets out the roadmap for decarbonizing transport in Spain, establishes a new framework for coordinated planning, strengthens the role of public transport, and promotes the modernization of the mobility system. Among its measures, it includes the obligation to approve a new concession map for road passenger transport and to implement sustainable mobility plans for commuting to work.Peru accelerates the unlocking of renewables projects: the keys to their development, financing and acquisition
Experts from ProInversión, Garrigues and G-advisory joined leaders in the energy sector to analyze the regulatory and financial challenges with a view to boosting the energy transition in 2026.Spain: The CNMV launches the process to review the Good Governance Code for Listed Companies
The process will involve a group of corporate governance experts with the aim of approving, in 2027, a new code that strengthens areas such as long-term shareholder engagement, alignment with European regulations on sustainability and due diligence, and the impact of artificial intelligence.Spain: The CNMV and the ICAC publish a second statement on sustainability reports pending the transposition of the CSRD Directive into the Spanish legal system
The Spanish National Securities Market Commission (CNMV) and the Institute of Accounting and Auditing (ICAC) have issued a new statement updating their previous statement dated 27 November 2024, given the possibility that the CSRD and other related rules will not be transposed into the Spanish legal system before 31 December 2025.Developments in compliance: current situation of whistleblowing channels and new crimes as a result of the European criminal reform
The culture of regulatory compliance is evolving, driven by new legal obligations and the consolidation of stricter control mechanisms. The new developments in internal information systems and the new criminal offences linked to EU restrictive measures require an update of compliance models.