The Ministry of Health of Guatemala will implement a series of changes in the procedure and requirements for the sanitary registration of prepackaged foods, starting August 5, 2024, following the entry into force of the Central American Technical Regulation 67.01.31:20 Processed Foods. Procedure For the Granting, Renewal, and Modification Of Sanitary Registration. The new regulation…
Category Archives: Blog
Analysis, Banking & Finance, Blog, Costa Rica
Is it possible to endorse an electronic promissory note or bill of exchange?
16
Jul
Jul
Author https://blplegal.com/wp-content/uploads/2024/07/ART-Letra-de-cambio-y-pagare-electronico_FOTO.png José Pablo Rojas Director Costa Rica E-mail For those who have joined me in this analysis since the previous article (and if you have not read it, I invite you to do so), you may remember that we considered the scope of Law No. 8454, Law on Certificates, Digital Signatures and Electronic Documents…
Analysis, Banking & Finance, Blog, Costa Rica
Electronic bills of exchange and promissory notes, are they a reality?
16
Jul
Jul
Author https://blplegal.com/wp-content/uploads/2024/07/ART-Letra-de-cambio-y-pagare-electronico_FOTO.png José Pablo Rojas Director Costa Rica E-mail Costa Rica (like the rest of the world) has been modernizing to provide agility to transactions of various kinds that occur at the commercial and banking level, as well as for the relationship between those administered and the State. Undoubtedly, one of the most important steps…
Blog, Costa Rica, News, Public Law, Public Procurement & Regulation
New date for the 2024 ordinary filing of the Ultimate Beneficial Ownership Registry
09
Jul
Jul
Using general-application joint resolution number MH-DGT-RES-0016-2024, issued on June 24, 2024, the General Taxation Directorate and the Costa Rican Drug Institute once again modified the filing period for the 2024 ordinary filing of the Ultimate Beneficial Ownership Registry (“Registro de Transparencia y Beneficiarios Finales”). This year, each obligated party must comply with the filing between October…
At BLP, Blog, Costa Rica
BLP Commitment to Inclusion and Diversity: Signing of the San José Declaration
27
Jun
Jun
Around 50 companies and organizations have committed to the San José Declaration, which establishes ten fundamental principles against discrimination based on sexual orientation, gender identity, and expression, and in favor of the promotion of the Human Rights of lesbian people, gay, bisexual, transsexual, transgender, and intersex (LGBTI). The Business Alliance for Development (AED), Pride Connection…
Analysis, Blog, Costa Rica, Ethics & Anti-Corruption
Perspectives on Corruption in Latin America 2024
27
Jun
Jun
Author https://blplegal.com/wp-content/uploads/2024/06/Janelle-Christie-blog.png Janelle Christie Senior Associate Costa Rica E-mail As part of the initiative led by the firm Miller & Chevalier to periodically evaluate the impact of corruption on business in the region, the Survey on Corruption in Latin America 2024 was published, the results of which were discussed and analyzed on April 25 by…
Banking & Finance, Blog, Costa Rica, News
BLP advised IFC on an initial investment of US$2 million in ProNuvo
26
Jun
Jun
To bolster the circular economy in Latin America and the Caribbean, the International Finance Corporation (IFC) announced an initial investment of US$2 million in ProNuvo, a Costa Rica-based company specializing in the sustainable production of insect-based animal feed. The IFC financing, part of the institution’s upstream activities, will enable ProNuvo to complete the construction of…
Analysis, Blog, Costa Rica, Environmental, Social and Governance (ESG)
New Regulations to the Water Law accelerate Water Department procedures
25
Jun
Jun
Authors https://blplegal.com/wp-content/uploads/2024/06/FOTO-Art-Ley-de-Aguas-Luis-Palacios.png Luis Palacios Director Costa Rica E-mail On June 12, 2024, a new Regulation to the Water Law entered into effect, including various changes that favor citizens by streamlining and developing procedures that had become obsolete because the Water Law was issued in 1942, and lacked congruence nowadays. Below, we will summarize the main…
25
Jun
Jun
Authors https://blplegal.com/wp-content/uploads/2024/06/Art-Responsabilidad-penal-de-las-personas-juridicas_FOTO.png Fernando Zelada Director Guatemala E-mail Under the basic principles of criminal law, only individuals can commit crimes. Legal entities themselves cannot do so. However, legal entities can incur criminal liability, whether through intent or negligence, due to the actions or omissions of their directors, managers, executives, representatives, administrators, officials, or employees who have…
Analysis, Blog, Business Law, Costa Rica
New Regulations for the Transparency Registry and Final Beneficiaries: Main Changes and Legal Considerations
21
Jun
Jun
Authors https://blplegal.com/wp-content/uploads/2024/06/Articulo-RTBF-CR-2024_Adriana-Castro.png Adriana Castro Partner Costa Rica E-mail https://blplegal.com/wp-content/uploads/2024/06/Articulo-RTBF-CR-2024_Elena-Foltran.png Elena Foltrán Associate Costa Rica E-mail Under the regulations on Transparency Registration and Final Beneficiaries in Costa Rica, legal entities and other legal structures domiciled in the country, administrators of third-party resources on behalf of their clients, non-profit organizations, and private trusts, including foreign trusts that…