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…
Category Archives: Honduras
Banking & Finance, Blog, Honduras, News
New Regulatory Reform in Honduras: What You Need to Know About Credit and Debit Card Transactions
18
Dec
Dec
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…
Banking & Finance, Blog, Environmental, Social and Governance (ESG), Honduras, News
BLP advises on Honduras’ first foreign currency sustainable green bond issuance
02
Dec
Dec
BLP is proud to have acted as local legal advisor for Santander US Capital Markets LLC and Citigroup Global Markets Inc. in the Republic of Honduras’ first sovereign green sustainable bond issuance. This historic transaction, carried out in the international capital markets, marks a significant step for the country in advancing projects focused on sustainability…
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…
Blog, Energy & Infrastructure, Honduras, News, Public Law, Public Procurement & Regulation
New Sanctions Regulation of the SAPP in Honduras
20
Nov
Nov
The Superintendency of Public-Private Partnerships (SAPP) has officially approved the Sanctions Regulation, marking a significant step in regulating and overseeing Public-Private Partnerships (PPPs) in Honduras. Key highlights of the new regulation: Categorizes violations as minor, serious, and very serious. Establishes proportional financial penalties ranging from $1,500 to $25,000, depending on the type and severity of…
Advertising, Marketing & Consumer Protection, Blog, Honduras, News
Update on the Consumer Protection Law in Honduras
01
Nov
Nov
The National Congress of Honduras has approved significant reforms to the Consumer Protection Law, strengthening users’ rights across various essential services. Key provisions in this modification include: Contracts Limited and in Lempiras: Contracts for telephone, internet, and cable television services are now limited to a maximum of six months and must be charged exclusively in…
Blog, Business Law, Costa Rica, El Salvador, Guatemala, Honduras, News, Nicaragua
BLP advised JCDecaux on the acquisition of a majority stake in IMC
08
Oct
Oct
BLP advised JCDecaux on acquiring a 70% majority stake in IMC, a leading out-of-home advertising company operating in Central America, Colombia, and Panama, through its majority-owned subsidiary, JCDecaux Top Media S.A. As part of the transaction, the remaining IMC shareholders contributed their 30% shares in IMC in exchange for a 9% stake in a newly…
Blog, Business Law, Costa Rica, El Salvador, Guatemala, Honduras, News, Nicaragua
BLP advised JCDecaux on the acquisition of a majority stake in IMC
08
Oct
Oct
BLP advised JCDecaux on acquiring a 70% majority stake in IMC, a leading out-of-home advertising company operating in Central America, Colombia, and Panama, through its majority-owned subsidiary, JCDecaux Top Media S.A. As part of the transaction, the remaining IMC shareholders contributed their 30% shares in IMC in exchange for a 9% stake in a newly…
Blog, Honduras, Labor & Employment, News
Mandatory Registration in the Honduran Simplified National Registry of Employers
26
Jul
Jul
The Secretariat of State in the Offices of Labor and Social Security has issued a significant announcement affecting all private companies, employers, organizations of civil society, public institutions, and the Honduran public. Here are the key points summarized: Mandatory Registration in SIHCLA: Starting July 20, 2024, all entities must register in the Honduran Labor Cases…
Advertising, Marketing & Consumer Protection, Blog, Honduras, News
Law for the Control and Regulation of Energy Drinks in Honduras
19
Jun
Jun
On June 6, 2024, the Law for the Control and Regulation of Energy Drinks, decree no. 46-2024, was published in the Gazette. The law establishes regulations for selling and marketing energy drinks to people under 18. An Energy Drink is a non-alcoholic functional drink with a stimulating effect and a special combination of characteristic ingredients…