Category Archives: Honduras

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…

2025 Labor Holiday Calendar: An Essential Resource for Business Planning

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…

New Regulatory Reform in Honduras: What You Need to Know About Credit and Debit Card Transactions

The National Banking and Insurance Commission (CNBS) has introduced significant changes to Articles 5 and 20 of the Minimum Guidelines for the Prevention of Unrecognized Transactions involving debit cards, credit cards, and financing products. These reforms aim to strengthen security and transparency in financial transactions.  Key Highlights of the Reform  1.Notification to Cardholders  Financial institutions…