On May 14, at the Met Club in New York City, more than 100 attendees gathered to celebrate the most innovative legal deals, outstanding teams and firms, and influential individuals of the past year at the IFLR Americas Awards 2025. BLP’s exceptional performance earned four prominent awards: Deal of the Year: Debt and Equity Linked…
Category Archives: El Salvador
Banking & Finance, Blog, El Salvador, News, Regulatory Compliance, Prevention and Risk Management
Major Changes to El Salvador’s Bitcoin Law
27
Feb
Feb
On January 30, 2024, Legislative Decree No. 199 was published in the Official Gazette, introducing amendments to the Bitcoin Law (the “Reform”). The primary goal of the Reform is to enhance Bitcoin’s implementation in response to the people’s needs. The most significant amendments include: Legal Tender Status: References to Bitcoin as a legal tender have…
Blog, Business Law, El Salvador, News, Regulatory Compliance, Prevention and Risk Management
New Guidelines in El Salvador for Foreign Investors
24
Feb
Feb
On February 14. 2025, Agreement No. 096 of the Attorney General Office was published in the Official Gazette No. 446, whereby the Guidelines for the Determination of Risk Categories for Clients to Facilitate la Opening of Bank Deposit Accounts and the Performance of Financing Transactions involving Foreign Investors and Salvadorans located abroad (“Guidelines”), which are…
At BLP, Banking & Finance, Blog, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua
BLP is honored as Law Firm of the Year – Central America by LatinFinance
30
Jan
Jan
We are pleased to announce that BLP has received the prestigious Law Firm of the Year – Central America at the LatinFinance Deals of the Year Awards 2024. This recognition reaffirms our excellence in legal advisory services within the financial and capital markets in Latin America and the Caribbean. The awards ceremony took place on…
Blog, Costa Rica, El Salvador, Guatemala, Honduras, Labor & Employment, News, Nicaragua
2025 Labor Holiday Calendar: An Essential Resource for Business Planning
08
Jan
Jan
Effectively managing labor holidays is critical for any organization, especially when operating in multiple countries across Central America. For this reason, the Labor & Employment team at BLP has prepared the 2025 Labor Holiday Calendar, a comprehensive document that consolidates the official holidays for Costa Rica, Guatemala, El Salvador, Honduras, and Nicaragua. This resource is…
17
Dec
Dec
On November 15, 2024, Legislative Decree No. 144, which contains the Law for the Protection of Personal Data, was published in the Official Gazette. Purpose and scope of application The purpose of the law is the protection of personal data, establishing the essential requirements for its legitimate and informed treatment, and guaranteeing the right to…
Blog, Cybersecurity & Data Protection, El Salvador, News
Cybersecurity and Information Security Law in El Salvador
17
Dec
Dec
On November 15, 2024, Legislative Decree number 113 was published in the Official Gazette, which contains the Cybersecurity and Information Security Law. The purpose of the law is to establish the guiding principles and the legal framework to structure, regulate, and supervise the cybersecurity and information security measures of the information systems of the entities…
At BLP, Blog, El Salvador, Guatemala, News
BLP achieves tenth consecutive distinction at the Chambers Latin America Awards 2024
22
Nov
Nov
We are pleased to announce that, for the tenth consecutive time and the eleventh overall, BLP has been recognized as Costa Rica Law Firm of the Year at the prestigious Chambers Latin America Awards 2024, presented by Chambers and Partners. At a ceremony held at The Ritz-Carlton Hotel in Miami, United States, this award reaffirms…
At BLP, Blog, Costa Rica, El Salvador, Environmental, Social and Governance (ESG), Guatemala, Honduras, News, Nicaragua
BLP is honored as Pro Bono Leading Light 2024 by Latin Lawyer
21
Nov
Nov
We are excited to announce that BLP has once again been recognized in Latin Lawyer’s prestigious Leading Lights 2024 list, underscoring our steadfast commitment to fostering a robust pro bono culture across Central America. Latin Lawyer acknowledges law firms that have made significant strides in advancing pro bono initiatives, and BLP is proud to be…
Banking & Finance, Blog, El Salvador, Environmental, Social and Governance (ESG), News
BLP advises DFC and CAF on the most significant debt conversion in history to conserve watersheds in El Salvador
29
Oct
Oct
DFC, the U.S. government’s international development bank, provides $1 billion in political risk insurance (PRI), while CAF is issuing two letters of credit (SBLC) for up to $200 million. The combination of DFC’s PRI and CAF’s SBLCs strengthens the credit risk supporting the transaction, catalyzing additional investment in conservation and ecosystem restoration efforts in the…