GUATEMALA
SIMPLIFICATION OF PROCEDURE FOR VOLUNTARY IMMOBILIZATION OF REAL ESTATE
The State of Guatemala is responsible for providing the necessary conditions for the proper exercise of property rights, providing registry security through a series of mechanisms…
  EL SALVADOR
THE LAW OF ELECTRONIC SIGNATURE IS APPROVED BY THE SALVADORAN CONGRESS
On October 26, 2015 was published the Decree 133 which contains the Law of Electronic Signature. The purpose of the law is to compare the simple electronic signature and the certified electronic signature with the handwritten signature…
  HONDURAS
FORCED LIQUIDATION OF BANCO CONTINENTAL
On October 2015 the foreign assets of Banco Continental were frozen, whereby the capital adequacy ratio of the Bank decreased from 11.6% to 5.2%, which placed the institution in one of the grounds for compulsory liquidation…
  NICARAGUA
NEW LAW OF FREE TRADE ZONES IS APPROVED
New Law of Free Trade zones is approved in response to the need for updating the legal regulation and promoting dynamism in Nicaragua. The main purpose of the Law 917, published on October 16, 2015, is to boost the productivity of companies assigned under this scheme…
 

COSTA RICA
“YATES MEMORANDUM” IMPLICATIONS ON THE PROSECUTION OF CORPORATE CRIMES
The Movable Secured Collateral Law came into force, designed to promote access to credit however it is possible that many stakeholders may have failed to complete the transition to the new regime on time…

 

PANAMA
THE MINISTRY OF HEALTH EXTENDS FOUR MONTHS EXTENSION FOR THE FILING OF THE APPLICATION FOR LICENSING OF THE COLOGNE, EAU DE TOILETTE AND PERFUMES
Every importer, distributor and marketer of cologne, eau de toilette and perfume are obligated to obtain the sanitary registration for each of them…

In Nicaragua, We Moved!

Partner Siaska Lorenzo is a top 10 finalist to become Magistrate of the Supreme Court of Justice

José Antonio Muñoz was named Vice President of the AACCLA