News

Bill No. 21.292 intends to allow non-resident banks to open a local branch in Costa Rica

August, 2019

As part of the process of entering the OECD and with the aim of guaranteeing financial stability, the Costa Rican congress recently approved a Bill of Law allowing branches of foreign banks to operate in Costa Rica and form part of the National Banking System.Currently, only locally constituted corp...

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ARIAS HAS BEEN NOMINATED AT THE LATIN AMERICAN ENERGY AND INFRASTRUCTURE AWARDS

August, 2019

Over the years, we have seen how the economy in Latin America has had positive and negative changes, some countries achieve economic expansion and others with lack of growth and negative development indicators due to either internal or external factors. For the firm - ARIAS – those projects that ben...

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PTY: New Bidding Rules for the short-term purchase of Power and Energy

July, 2019

By means of the Resolution AN N°15540 of July 17, 2019, The National Authority of Public Services-ASEP compelled The National Electricity Transmission Company, ETESA, to recalculate the requirements for a neutral contracting level of 95% in the first two years and 90% in the third year at a 0% reser...

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ES: New Technical Regulations on Wastewater and Sludge Management

July, 2019

On May 2nd, 2019, the “Reglamento Técnico Salvadoreño: Aguas Residuales. Parámetros de Calidad de Aguas Residuales para descarga y Manejo de Lodos Residuales” (Salvadoran Technical Regulations: Wastewater. Parameters of Residual Water Quality for discharge and management of Residual Sludge) has...

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