On October 9, Legislative Decree No. 426 was published in the Official Gazette, enacting the Special Law for the Prevention, Control, and Sanction of Money Laundering, Terrorism Financing, and the Financing of the Proliferation of Weapons of Mass Destruction (the “Law”). Its main purpose is to transform El Salvador’s anti-money laundering regime from a punitive…
Category Archives: News
10
Oct
Oct
BLP advised Grupo ASSA on the sale of La Hipotecaria, S.A. de C.V., an entity engaged in granting mortgage loans in El Salvador, to Inversiones Cuscatlán Centroamérica, S.A. The transaction involved the acquisition of 100% of the shares of La Hipotecaria Holding, Inc., with subsidiaries in Panama, El Salvador, and Colombia, by Inversiones Cuscatlán Centroamérica….
Blog, Costa Rica, Labor & Employment, News
Reform Prohibits Employers from Denying Leave for Procedures before the Ministry of Labor and Social Security
08
Oct
Oct
On September 22, 2025, the Legislative Assembly approved, in its final reading, Bill No. 23,142, which amends Article 515 of the Labor Code. What does the reform establish? Once this law enters into force, employers must grant leave to employees for the following purposes: To appear as witnesses or participate in judicial proceedings. To carry…
Blog, Costa Rica, News, Public Law, Public Procurement & Regulation
Opportunity to Participate in Broadcasting Frequency Tender
08
Oct
Oct
The Superintendence of Telecommunications (SUTEL) has published the terms and conditions for three competitive bidding procedures aimed at awarding the following broadcasting frequencies: AM Radio: Bands from 525 kHz to 1705 kHz. FM Radio: Bands from 88 MHz to 108 MHz. Television: Segments from 174 MHz to 216 MHz and from 470 MHz to 608…
Blog, Global Mobility & Relocation, Guatemala, News
Opportunities arising from the reform of immigration regulations in Guatemala
03
Oct
Oct
This information is relevant for every company in Guatemala that hires foreign personnel and relocates them to work in the country, as well as for any foreign national who wishes to visit Guatemala or reside in the country on a temporary or permanent basis. Likewise, the new provisions apply to both employers and individuals, covering…
03
Oct
Oct
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Costa Rica drives its future forward with Tibi: an $800 million electric train will connect Cartago, San José, and Alajuela. The Costa Rican government officially…
Banking & Finance, Blog, Costa Rica, News
BLP advised IFC on USD 200 million financing to BAC Costa Rica for women-led MSMEs and sustainable projects
01
Oct
Oct
BLP advised the International Finance Corporation (IFC), a member of the World Bank Group, on a USD 200 million loan to BAC Costa Rica, the country’s largest private bank, aimed at strengthening its credit programs for micro, small and medium-sized enterprises (MSMEs)—particularly those led by women—and expanding investments in sustainable projects. The financing package provides…
Blog, Guatemala, News, Sanitary Registration of Products
Guatemala updates its regulation on precursors and chemical substances
29
Sep
Sep
The Ministry of Public Health and Social Assistance (MSPAS) of Guatemala has issued two key provisions that significantly amend the regulatory framework governing precursors and chemical substances. Governmental Agreement 102-2025 establishes a broader regulation with expanded obligations, applicable to any individual or entity handling these types of substances, such as acetone, caustic soda, lime, among…
26
Sep
Sep
BLP’s summary of the most important regional news and opportunities offers an overview of the economic, social, and political landscape of Central America at just a click away. Costa Rica Costa Rica moves up a notch: Moody’s upgrades the country’s credit rating to Ba2 due to solid fiscal management. Moody’s has upgraded Costa Rica’s sovereign…