Alertas – Directorio Legislativo

Executive branch regulates early repayment of deposits, disclosure of information for securities issuers

COLOMBIA On March 3, the Central Bank of the Republic (BanRep, in Spanish) announced that it will enable, in its deposit information system, the partial or + info

Committee held Open Parliament on Cybersecurity to evaluate draft of constitutional reform on the matter

MEXICO On February 26, the Open Parliament on Cybersecurity ended, which was held by the Constitutional Points Committee of the Chamber of Deputies. Specialists and representatives + info

BCB updates the cybersecurity policy of financial institutions

BRAZIL On March 1, the Central Bank of Brazil (BCB) determined its cybersecurity policy and the requirements for contracting data processing, storage services, and cloud computing + info

Executive branch to present bills for the protection of bank deposits and the reform of the Commercial Code

VENEZUELA In a meeting with his executive cabinet on March 3, the President of Venezuela, Nicolás Maduro, reported regarding the bills that will be presented throughout + info

Central Bank submitted documentation to investigate damage to the State in the signing of IMF agreements

ARGENTINA On March 1, the Central Bank submitted documentation regarding the agreement signed with the International Monetary Fund (IMF) to the General Syndicate of the Nation + info

Assembly decided not to discuss the bill for the defense of dollarization

ECUADOR On March 1, the Legislative Administration Council (CAL) decided not to qualify, for a second time, the reform bill to the Organic Monetary and Financial + info

Committee approves report on partial veto due to unconstitutionality of the Domain Extinction bill

ECUADOR On February 25, the Committee for Citizen Participation and Social Control of the Assembly approved the report with a partial veto, which includes objections due + info

Legislative Assembly: Alberto Fernández confirmed that the agreement with the IMF will be sent to Congress

ARGENTINA On March 1, the President of the Nation, Alberto Fernández, inaugurated the 139th regular session of Congress during the 2021 Legislative Assembly and confirmed that + info

Executive approves regulations for the Business Concentration Law

PERU On March 4, the Executive Branch, through Supreme Decree N° 039-2021-PCM, approved the Regulation of the law that establishes prior control of business concentration operations. + info

Executive branch extends State of National Emergency until March 31

PERU On February 28, the President of Peru, Francisco Sagasti, via Supreme Decree No. 036-2021-PCM, extended the National State Emergency until March 31. The norm establishes + info

Deputy of the ruling party proposes initiative to establish who should pay commissions for the use of point-of-sale terminals

MEXICO On March 2, deputy Sebastián Aguilera Brenes (Morena – ruling party), presented an initiative before the Chamber of Deputies that proposes that the commissions obtained + info

Committee begins drafting report for second debate on Personal Data Bill

ECUADOR On March 3, the International Relations Committee of the National Assembly began the drafting of the report for the second debate of the Executive-backed bill + info

SFC sandbox to create Bitcoin-Colombian peso exchange rate

COLOMBIA Within the framework of the launch of the sandbox by the Financial Superintendency of Colombia (SFC) starting in March, the participating Davivienda – Binance alliance + info

Executive Branch extends the Health Emergency until May 31

COLOMBIA On February 25, the Executive Power extended, through Resolution N° 222-2021, the Health Emergency at national level until May 31. The government’s objective is to + info

BanRep publishes regulations on open market and repurchase agreements

COLOMBIA On March 1, the Bank of the Republic (BanRep) published a series of regulations of interest to the sector. The measures regulate the activities of + info

SHCP launches public consultation to regulate equality of securities transaction proposals

MEXICO On February 19, the Secretary of Finance and Public Credit (SHCP, in Spanish) opened a public consultation, through the Regulatory Improvement Commission (CONAMER, in Spanish), + info

SBS publishes regulations for cybersecurity management; modifies the regulation of cards and operations using electronic money

PERÚ On February 23, the Banking and Insurance Superintendency (SBS, for its acronym in Spanish), through Resolution SBS No. 504-2021, approved the Regulation governing information security + info

DIAN regulates collection authorization by financial entities and profit statements for foreign investors

COLOMBIA On February 23, the National tax and Customs Authority (DIAN in Spanish) published a resolution modifying the requirements for financial entities working with the entity + info