LatAm
Real estate investment and finance trends in Latin America
The pandemic, the global economic climate, and the political situation in Latin America have changed the course of real estate investment in the region. The new scenario has seen a rise in alternative mechanisms for the industry's assets. In this article we look at the main new developments observed in Colombia, Chile, Mexico and Peru.Peru: Term to respond to consumer claims (reclamos) and complaints (quejas) shortens
The new term for suppliers to answer consumer claims (reclamos) is 15 business days, time which cannot be extended, replacing the previous term of 30 calendar days, which could be extended for an additional 30 days. Additionally, the amendment provides that the supplier must now answer complaints (quejas) and within 15 business days.Peru encourages the entry of new participants in the local financial system
The recent amendment to the law governing the financial system in Peru includes key measures that promote the participation of new entities in the sector. In this way, it promotes the diversification of the supply of local financial services, particularly those that provide alternatives to the traditional model, such as digital banking.COVID-19: Latin America's legal response to unforeseen events affecting long-term infrastructure contracts
The pandemic has put infrastructure contracts with private companies, usually for lengthy terms, to the test. We take a look at the legislation in Colombia, Peru, Mexico and Chile from the standpoint of unforeseen events and more specifically of the COVID-19 outbreak.Post-pandemic era brings slew of tax reforms in Latin America in 2021
After 2020 when Latin American governments, like the rest of the world, focused on tackling the health crisis and economically shoring up the sectors that were hardest hit by the necessary business restrictions, 2021 presented an opportunity to rebalance weakened public finances without detracting from the slow but steady recovery in those countries. In this document, our tax experts analyze the tax changes announced and enacted in 2021 in Chile, Mexico, Peru, Colombia, Argentina and Uruguay.COVID-19 prompts modernization of justice systems in Latin America
The COVID-19 pandemic has adversely impacted on processing times for cases before the civil courts in Latin America. It has also had the effect, however, of accelerating a modernization of the proceedings conducted before these courts. Before the health crisis, these proceedings were generally processed by way of hardcopy documents and required the lawyers, parties and third parties to appear in person, without involving the use of technology enabling more efficient and swifter processing, which has long been an integral part of commercial arbitration proceedings. Below we take a look at the changes experienced in Chile, Colombia, Mexico and Peru.The COVID-19 vaccine and its effects on employment relationships: the landscape in Latin America
The COVID-19 health crisis has brought various challenges in every country, and vaccination is one of them. In this article we will review how vaccination is affecting workplace in Chile, Colombia, Mexico and Peru.