Mondaq Latin America: Government, Public Sector
The effect of the Civil and Commercial Codes, which have been in force in Argentina for more than one and a half centuries, appears to be coming to an end.
The bill was submitted by congressmen of the ruling party. It seeks to re-implement the petition called certiorari before judgment which had been originally created by the Supreme Court.
The Federal Executive Power amended the Federal Government’s real estate administration regime.
The scope of the Implementing Decree presents the first modification with respect to the Derogated Decree.
The bill was submitted by congressmen of the ruling party.
The House of Representatives has already approved and sent to
the Senate this bill, which aims to adjust Argentine legislation to
the international standards and recommendations of the Financial
Action Task Force.
As part of the growth introduction program, the Brazilian government has publicized the draft for the public bidding and agreement for the concession of public service of railroad passengers transportation by high-speed train for the Railroad EF-222, from Rio de Janeiro to Campinas.
The revolution in the Brazilian infrastructure regulatory framework has brought another important change, this time in connection with the development and operation of the nation’s ports.
On June 25, 2012, the Central Bank of Brazil issued Circular nr. 3.602/2012 which established an "Annual Census of Foreign Capital" in the country.
Until March 30, 2012, Brazilian
financial institutions did not require the approval of the
Brazilian Central Bank or other authorities to directly or
indirectly invest in the capital stock of other legal entities
either in or outside Brazil.
The Brazilian Government has confirmed that overseas bids for the projected concessions for management of three of Brazil’s busiest airports will be welcome.
The Brazilian Government has published a decree which many see as the first concrete step by the new government to encourage both domestic and international investment in infrastructure.
The Brazilian Congress has passed a bill which, if approved by the President as expected, will make major changes to that country's merger control system.
Within the last three years, Brazilian society has been involved in a major debate pertaining to the current legal framework of the oil and gas industry in light of the recent findings of large amounts of oil and natural gas off the Brazilian coast.
The purpose of this article is to present an overview of the recent measures adopted by the Brazilian Government which deal with the financial and capital markets and deserve to be highlighted to those individuals and legal entities interested in investing in Brazil.
En esta segunda entrega de la serie de Brigard & Urrutia Abogados sobre el TLC Colombia-Estados Unidos, presentamos los aspectos más importantes del capítulo de compras públicas.
In an effort to promote an increase in both domestic and foreign investment in 2005, Colombian Congress enacted the Investment Stability Act.
It is no secret that criminal organizations often hide, hedge or invest the proceeds from their illicit activities (dirty money) through legal businesses in order to legitimize it.
Lawyers J. Humberto Medina-Alva and Claribel Medina with the support of Guadalupe Martinez Casas, have advised clients in PPP projects regarding infrastructure in Honduras.
The Honduran Government, with the aim of establishing the conditions for a solid and sustainable growth has implemented key reforms designing an economic program focused on decreasing the macroeconomic imbalances and strengthening the public sector finances.
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By means of Decree No. 7894, of January 30, 2013 (Decree 7894/2013), published in the Official Gazette of the Union of January 31, 2013, the Brazilian government decided to reduce from 6% to zero the Tax on Exchange Transactions (Imposto sobre Operações de Crédito, Câmbio e Seguro, ou relativas a Títulos ou Valores Mobiliários - IOF) in the exchange transactions made as from January 31, 2013, for the acquisition of units (quotas) of local Real Estate Investment Funds (Fundos de Investimento Imob
The Brazilian government has adopted two important measures by means of federal decrees, both dated April 1st, 2013, in order to facilitate the financing of infrastructure projects in Brazil.
As of December 1, 2011 the Brazilian government decided to attract and foster the return of foreign
investors to the Brazilian market by reducing to zero the applicable rate of the Tax on Financial Transactions (IOF) levied
on foreign investments in shares and private securities.
Law nº 12.546 was published on December 14, 2011, consequent of Provisional Measure nº 540/11, which provided for the applicability of the social security contribution to the companies engaged in the footwear, apparel, leather, Information Technolog, Information and Communications Technology and Call Center areas, and established the Special Regime of Reintegration of Tax Amounts for the Exporting Companies.
A limited liability company is the corporate structure mostly adopted by Brazilian companies.
The revolution in the Brazilian infrastructure regulatory framework has brought another important change, this time in connection with the development and operation of the nation’s ports.
With the general shortage of credit in the international market which resulted of the global crisis, the Brazilian Government decided to reverse a measure adopted in last March.
In the last days of October 2011, the Argentine Government has
adopted certain regulatory measures intended to maintain the value
of the Peso against the US Dollar and adversely affecting
particularly the Hydrocarbons, Mining and Insurance Industry, and
repatriation of direct investments.
As part of the growth introduction program, the Brazilian government has publicized the draft for the public bidding and agreement for the concession of public service of railroad passengers transportation by high-speed train for the Railroad EF-222, from Rio de Janeiro to Campinas.
