Lima
Peru approves new merger control regime
On November 19, 2019, the new merger control regime was published in the Peruvian Official Gazette by means of an Urgency Decree. It mostly includes the same provisions set forth in the legislative text (Bill) that was approved by the Congress…
Transfer pricing: here’s what the rules in Latin America look like
Here is a summary of the transfer pricing rules in Brazil, Chile, Colombia, Mexico and Peru.
Peru dictates measures to reactivate nationally paralyzed public works
The past October 31, the Urgency Decree N° 008-2019 was published, which, with a validity period of 1 year, provided certain measures in order to guarantee the continuity of nationally paralyzed public works. These provisions sought the…
The Peruvian Tax Administration (SUNAT) published a resolution that establishes the procedure, deadlines and conditions for submitting the Ultimate Beneficiary Informative Return
Legislative Decree No. 1372, whose regulation was approved through Supreme Decree No. 003-2019-EF, established that legal persons and legal arrangements have the obligation to inform SUNAT about the identity of their ultimate beneficiaries.…
Peru passes new Consumer Arbitration System Regulations
May 30 saw the entry into force of the new Consumer Arbitration System Regulations passed by Supreme Decree No. 103-2019-PCM and published in the Official Journal of Peru on May 29, 2019.
Peru approves new rules to improve entitlement to vacation leave
At the end of 2018, Peru approved a legal reform implementing new rules designed to allow vacation leave to be taken in a way that contributes to work/life balance in the private sector. And on the following February 5, Supreme Decree No 002-2019-TR…
Amendments to the Government Contracts Law and its implementing regulations entered into force on January 30
Now that the amendments to the implementing regulations for the Peruvian Government Contracts Law have been published, the countdown starts for the entry into force of the law’s new provisions.
A Bill poses a threat to quality assurance in arbitrations in Peru
Arbitrator quality defines the quality of the process, and of the decision
Peru modernizes its national governance through a simplified Administrative Proceedings Law
The proposed amendment includes important changes to the systems regarding notification of administrative acts, time barring of administrative disciplinary proceedings, ex officio nullity of acts and validity of enabling instruments, among other…
How is the right to vacation time regulated in Latin America?
In light of the publication of Legislative Decree 1405 (09.12.18), which reforms the right to vacation time in Peru, we set out below an overview of the main legal provisions regulating the right to vacation time in Brazil, Mexico, Colombia, Chile…
Data protection regulation in Latin America and the impact of the GDPR
The General Data Protection Regulation (GDPR), which is compulsory as from today, is a complex regulation that extends beyond the borders of Europe. The new rules will affect all companies, regardless of their location, that handle data of…
Peru Launches International Renewable Energy Auction
Pursuant to the Regulations on Renewable Energy Electricity Generation, approved by Supreme Decree No. 012-2011-EM, the Supervisory Body for Investment in Energy and Mines (“OSINERGMIN”) has called the fourth auction for the supply of…