Fintech Laws in El Salvador
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Fintech Laws in El Salvador

Although the Fintech ecosystem is growing in El Salvador, following the global trend, there is still no specific legal framework for it. The absence of specific regulation has led these activities to develop within the free market, respecting the general financial regulations established for traditional financial participants. However, this has generated uncertainty for investors and…

Fintech Regulatory Report
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Fintech Regulatory Report

Central America is a region experiencing growth and development in the Fintech market. In recent years, some countries have enacted laws, regulations, and rules applicable to various types of financial technology services. However, other services offered by Fintech companies are regulated through general principles of law and the primary laws of each country. Nevertheless, there…

Electricity Amnesty in Honduras
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Electricity Amnesty in Honduras

On February 1, 2024, Decree No. 61-2023 was published in the Official Gazette, containing provisions regarding the amnesty benefit on fines, surcharges, and interests, as well as outstanding accessory obligations owed to the National Electricity Company (ENEE) as of December 1, 2023. For this amnesty to be applicable, both natural and legal persons must make…

New energy tender for Guatemala
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New energy tender for Guatemala

Since the awarding of Tender PEG-4-2022 last year, there has been discussion about the need to launch a larger one, given that the country’s demand has increased, and the generation park and transmission system have remained stagnant in terms of growth and technological changes that benefit not only prices but also access to energy for…

Public-Private partnerships for the development of energy projects
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Public-Private partnerships for the development of energy projects

1- Introduction The constraints of public finances and limited access to state borrowing for socially desirable projects have led to various schemes involving private sector participation in the design, planning, financing, construction, operation, and maintenance of infrastructure projects, particularly in the areas of roads, ports, and airports. Examples of such participation include the concession of…

Regulatory efforts in Fintech matters in Guatemala
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Regulatory efforts in Fintech matters in Guatemala

In Guatemala, there is currently no specific legislation or regulation applicable to Fintech. However, due to the rapid growth and evolution of this ecosystem in the country, the Monetary Board, through proposals from the Banking Superintendency (SIB), has issued regulations related to the management of technological risks and even a draft law on electronic money…

Video games and Intellectual Property in Costa Rica
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Video games and Intellectual Property in Costa Rica

The Costa Rican legal framework, in conjunction with copyright law, places video games in a category analogous to computer programs or cinematographic works. However, neither of these classifications is suitable for comprehensively covering and safeguarding the elements that make them stand out as a complete creation in themselves without the need to fragment the work…

Carbon credits and fiscal incentives
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Carbon credits and fiscal incentives

I- Background of Carbon Credits: Carbon Credits have their origins in the Kyoto Protocol of 1997, where they were proposed as a mechanism to combat climate change. The primary focus was on preventing, capturing, or reducing Greenhouse Gas (GHG) emissions. This is achieved through the conservation or reforestation of long-term forests, equivalent to not emitting…

Cybersecurity and personal data in the Fintech environment in Costa Rica
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Cybersecurity and personal data in the Fintech environment in Costa Rica

Currently, the issue of cybersecurity is of particular importance for companies operating in the Fintech ecosystem, which, precisely, operate at the intersection between finance, technology, and regulation, coupled with the exponential growth in the use of technological and digital means for the execution of financial transactions. Cybersecurity or information security of an entity or virtual…

Real estate brokerage contracts commissions in Nicaragua
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Real estate brokerage contracts commissions in Nicaragua

Almost a year after the entry into force of Law No. 1129, Real Estate Brokerage Law, published in La Gaceta Diario Oficial No. 169, of September 8, 2022 and its Regulations contained in Presidential Decree No. 21-2022 Regulations of Law No. 1129, Real Estate Brokerage Law of Nicaragua, published in La Gaceta Diario Oficial No….

Radio Spectrum Opportunities: Summary of Frequency Bidding Process
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Radio Spectrum Opportunities: Summary of Frequency Bidding Process

Through Executive Agreement N°031-2023-TEL-MICITT, published in Scope N°77 of the Official Gazette N°75 of May 2, 2023 and notified to SUTEL by MICITT through official letter number MICITT-DVT-OF-350-2023, the Executive Branch issued the initial decision for SUTEL to instruct the procedure for concessions of radioelectric frequency spectrum bands for 5G services. See Bidding basis