The Executive has called for a ‘national agreement’ to address the crisis caused by coronavirus. Interior and Finance Ministers Gonzalo Blumel and Ignacio Briones, respectively, will + info
ECUADOR On May 28, the Banking Superintendency issued Resolution SB-2020-0540 amending Chapter III of the Regulations to Control Public and Private Financial Sector Entities, which refers + info
On May 27, the Stock Market Superintendency (SMV in Spanish) adopted Resolution No. 045-2020-SMV/02 updating the terms and deadlines for the presentation of financial information and + info
Venezuelan President Nicolas Maduro announced on May 27 that he is working with the private sector on a plan to relax the lockdown restrictions. Although he + info
The Supreme Court of Justice (TSJ, in Spanish) issued a ruling on May 27 recognizing Luis Parra as the legitimate president of the National Assembly (AN), + info
On May 26, Senator Juan Luis Castro (Green Alliance- opposition), called on the Constitutional Court to declare the Economic Growth Law non-binding (Law 2010 of 2019), + info
On May 26, the Debt Monitoring Joint Committee agreed to investigate national indebtedness and “capital flight” during the administration of former president Mauricio Macri. This measure + info
On May 26, the National Tax and Customs Directorate (DIAN, for its acronym in Spanish) opened a public consultation on a draft resolution establishing a Mutual + info
On May 26, the National Securities Commission (CNV) issued General Resolution 841/2020, which establishes that for transactions in negotiable securities to be settled in foreign currency, + info
ECUADOR On May 25, the Sovereignty and International Relations Committee resumed the study of the personal data bill. The regulations seek to protect the rights of + info
On May 25, the National Defense Committee began to study the veto presented last September by the Executive Branch regarding the Cybersecurity Law, designed to establish + info
On May 25, the Ministry of Finance, the Financial Superintendency of Colombia (SFC, in Spanish) and the Banco de la República (BanRep, in Spanish) published new + info
ECUADOR On May 24, President Lenín Moreno gave his Report to the Nation, announcing his intention to apply an advance tax payment mechanism to companies and + info
On May 22, the Peruvian President Martin Vizcarra announced the extension of the State of Emergency until June 30, explaining that this includes the resumption of + info
On May 22 , the Executive Branch, through the Ministry of Economy, extended the renegotiation deadline for Argentine foreign law debt until June 2. The measure + info
On May 21, the Superintendence of Banking, Insurance and Pension Funds (SBS in Spanish) put out to public consultation a draft reform of the Market Risk + info
On May 20, a cross-section group of opposition parliamentarians lodged a draft agreement calling on the president to levy a 2.5% wealth tax on the “super + info
ECUADOR On May 20, the president of the Education Committee, Jimmy Candell, presented to the National Assembly the request for a political trial against Finance Minister + info
On May 20, the Undersecretariat for Telecommunications (SUBTEL, for its acronym in Spanish) ordered a regulatory proposal to be submitted to a public consultation for input. + info
ECUADOR On May 19, President Lenin Moreno announced new economic measures in response to the COVID-19 crisis. Among the measures, it is worth highlighting the announced + info