By Shermine Elizondo Senior Associate Costa Rica [email protected] Member of the Operations and Customs Affairs Work Commission of AZOFRAS A BLP associate specializing in Customs and Free Zones. Foreign Direct Investment (FDI) is understood as capital investment by a natural or legal person in a foreign country, either through the installation of new production plants…
Category Archives: Analysis
Analysis, Blog
BLP advises ASSA Compañía de Seguros, S.A. in the acquisition of the insurance operations of Triple – S in Costa Rica
29
Mar
Mar
BLP has advised ASSA Compañía de Seguros, S.A. in the acquisition of the insurance operations of Triple – S in Costa Rica. The firm’s advice involved all aspects of the transaction, including the due diligence process, regulatory and competition issues for the approval of the transaction by the General Superintendency of Insurance (SUGESE) and the…
Analysis, Blog
BLP advises on the first issuance of a Social Bond in Costa Rica aimed to support the country’s SMEs and BN Mujer Program
22
Mar
Mar
IDB Invest, FinDev Canada, and BNCR support SMEs in Costa Rica with the country’s first issuance of a Social Bond. BLP has advised our clients, IDB Invest as lead arranger and investor, and FinDev Canada as an investor in connection with the first issuance of a social bond in Costa Rica in accordance with the…
Analysis, Blog
The End of LIBOR: An Overview of the Legal Implications for the Financial Market of El Salvador
21
Mar
Mar
By Jose Gochez AssociateEl Salvador [email protected] The London Inter-Bank Offered Rate (LIBOR) has been described as the most important financial number. LIBOR is an essential component for the international financial markets, a statement proven by its widespread use worldwide. By the beginning of 2021, it was estimated that LIBOR underpinned financial contracts worth approximately US$…
Analysis, Blog, Costa Rica
Nicaragua approves reform to the Energy Stability Law for the incorporation of electric vehicles
10
Mar
Mar
Katherine Reyes Associate Nicaragua [email protected] On February 15 the Energy Stability Law was reformed, including a series of regulations that seek to promote the use of sustainable technologies that contribute to the reduction of greenhouse gases and combat Climate Change. The most relevant aspects of the legal reform are: Electric vehicles are exempt from compliance…
22
Feb
Feb
Uri Weinstok Partner Costa Rica [email protected] What are compliance programs? Compliance programs (also called “compliance models”) are a set of policies, procedures, and actions that a company takes to identify and reduce the risks of breaking the Law, remedying potential violations, and generating a culture of compliance within the company. Types of compliance programs Since…
22
Feb
Feb
Luis Palacios Associate Costa Rica [email protected] The benefits and risks associated with the degree of conformity in fulfilling official environmental requirements Protection of the environment and the practice of sustainability produce business byproducts that generate tangible benefits such as increased sales, revaluation of the brand, and avoidance of penalties. Companies that apply policies, processes, and…
22
Feb
Feb
Uri Weinstok Partner Costa Rica [email protected] High prices commonly lead to an attempt to control them through regulation. This remedy, while tempting, is rarely a suitable solution. Rather, price controls tend to aggravate problems before they fix them. Paradoxically, even in the face of abundant evidence and repeated examples of failure, some consumers feel protected…
21
Feb
Feb
Conozca las obligaciones anuales que aplican a sus empresas en cada uno de los países de Centroamérica. En BLP podemos ayudarle para asegurar su cumplimiento en cada país. Descargue cada una de las fechas de cumplimiento en calendario pdf de su preferencia para evitar multas y sanciones. Descargar guía en pdf https://www.blplegal.com/blp-web-2021/wp-content/uploads/2022/02/bandera_icono_Costa_Rica.pngCOSTA RICA Conozca las…
21
Feb
Feb
Learn about the annual obligations that apply to your companies in each Central American countries. At BLP we can help you to ensure compliance in each country. Download each of the dates in the pdf calendar of your preference. Do not miss any of these dates and avoid fines and penalties. Download Central America guide…