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Category Archives: Blog
The port infrastructure of a country is undoubtedly one of the pillars that sustains and enhances its economy. In this context, Guatemala, with its strategic geographical position, has extensive potential to consolidate itself as an important international trade center. However, in recent years, we have faced a reality that contrasts with this vision: an evident…
In a thrilling evening held in New York, distinguished project sponsors, infrastructure investors, financiers, and advisors from Latin America and the Caribbean convened to bear witness to the prestigious 2023 Project & Infrastructure Finance Awards ceremony. These accolades, which celebrate the most remarkable transactions and institutions within a domain vital for the region’s economic advancement,…
For multinational corporations eyeing expansion into the vibrant landscape of Central America, the transfer of employees and expatriates to Guatemala is an integral step. Yet, this process isn’t without its complexities, as it navigates through a maze of immigration regulations and requisites. In this comprehensive blog post, we aim to provide clarity and insight by…
Import Customs Declaration Self-rectification Policy Project in public consultation. The General Directorate of Customs issued a policy on the self-rectification of import customs declarations due to the entry into force of article 82 of CAUCA IV, article 333 of RECAUCA IV, article 90 of the General Customs Law and articles 251, 252, 253, 254 of…
On September 26, 2023, with the support of 38 legislators, the Legislative Assembly resealed Legislative Decree #10,381 (the Law), which seeks to reform the Income Tax Law, to ensure that the country is excluded from the list of non-cooperative jurisdictions of the European Union. In order to comply with the necessary requirements to leave the…
BLP highlights its leading role in structuring the historic agreement for the protection of the source of this vital river. Guatemala, September 25, 2023. Several government and international cooperation institutions, together with private companies and fundamental support from BLP, joined in an unprecedented effort for the protection and recovery of the Motagua River Basin. The…
Those natural or legal persons who wish to import raw materials with CBD and manufacture hemp-derived products in Costa Rica must apply to the Ministry of Health for authorization to manufacture hemp derivatives or hemp products of health interest under the provisions in law 10113 Law on Cannabis for Medicinal and Therapeutic Use and Hemp…
Anti-money Laundering Compliance, Blog, El Salvador, News, Regulatory Compliance, Prevention and Risk Management
Amendments to the Instructions for the Prevention, Detection, and Control of Money and Asset Laundering, Financing of Terrorism, and Financing of the Proliferation of Weapons of Mass Destruction.
On September 5, 2023, through agreement 476 of the Attorney General’s Office of the Republic of El Salvador, reforms for the Instructive for Prevention, Detection and Control of Money and Asset Laundering, Financing of Terrorism and Financing of Proliferation of Weapons of Mass Destruction were approved, such reforms will come into effect 8 days after…
On September 22, 2022, the modifications to the Regulation on the Telecommunications End User Protection Regime (the “RRPUF”) were published in Scope No. 200 to Gazette No. 180, that scheduled entry force within twelve calendar months (Transitional I) to be completed on September 21, 2023. The RRPUF underwent a series of significant modifications. Some of…

