Category Archives: Honduras

New Protection Unit for Cardholders in Guatemala: What Does It Mean for Banks and Users?

The Consumer Assistance and Support Directorate (DIACO), a division of the Ministry of Economy (MINECO) of Guatemala, has launched the Financial Services Protection Unit (UPSF) in compliance with the new Credit Card Law, Decree 2-2024, in effect since September 1, 2024. The UPSF will act as a mediator in disputes and conflicts related to financial…

BLP Wins Two LatinFinance 2025 Awards for Infrastructure Leadership in Central America

San José, October 2, 2025. Recognized for Legal Excellence and Transformative Project Structuring in the Region BLP has received two prestigious awards from the 2025 LatinFinance Project & Infrastructure Finance Awards: Infrastructure Law Firm of the Year – Central America Infrastructure Financing of the Year – Central America, for the San Cristóbal Green Academics and…

Investment Opportunity in Energy: Honduras Launches 1,500 MW International Tender

The National Electric Power Company of Honduras (ENEE) has launched a landmark International Public Tender for the procurement of 1,500 MW of firm capacity, with the goal of ensuring the country’s energy security through 2030. This ambitious initiative will be carried out through a reverse auction mechanism with successive rounds, designed to enhance market competitiveness, attract…

BLP Named Central America Law Firm of the Year and Vivian Liberman Recognized as ESG Leader of the Year

BLP has been named “Central America Law Firm of the Year,” and partner Vivian Liberman has been awarded “Latin America: ESG Leader of the Year” at the 2025 Women in Business Law Awards. San José, June 17, 2025. During the Women in Business Law Awards ceremony held in New York City, BLP received two of…

Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America

Reorientation in the Enforcement of the FCPA: New Guidelines Establish Priorities for Latin America After months of uncertainty following the temporary suspension of the enforcement of the Foreign Corrupt Practices Act (“FCPA”), the U.S. Department of Justice issued new guidelines that resume its implementation, this time with an approach that may lead to increased scrutiny…

New Reforms to the Honduran Credit Card Law: Transparency and Financial Consumer Protection

In April 2025, Honduras enacted major reforms to its Credit Card Law through Decree No. 34-2025. These changes aim to strengthen financial consumer rights and increase transparency in interest calculations and in-person transaction security. In this blog post, we break down the key reforms and their practical implications. Fair interest calculation – Article 36 Financial…

New Regulation in Honduras Tightens Oversight of Tax Exemptions

On May 6, 2025, the Official Gazette La Gaceta published the Regulation on Procedures for the Control, Verification, and Oversight of Tax Exemptions, issued by the Ministry of Finance through Agreement No. 143-2025. This new regulation strengthens the legal framework for supervising tax benefits in Honduras by detailing the procedures through which the General Directorate…

BLP is honored as Law Firm of the Year – Central America by LatinFinance

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…

New SAR Requirement for the 2024 Fiscal Period in Honduras

The Tax Administration Service (SAR) has issued a new requirement that will come into effect starting with the 2024 fiscal period:  New Requirement: The “Financial Statement Report” must be submitted before the Income Tax Return Declaration.  What does the report include? • Balance Sheet • Profit and Loss Statements  Submission Deadlines: • From January 1…