Mercantil

  • CPK: an ambitious Polish mobility project in the heart of Europe

    Poland has plans to build the largest infrastructure project in the EU connecting Europe and Asia and making the country a passenger and cargo hub. This initiative, expected to mobilize over €30,000 billion, presents an opportunity for Spanish companies, not only in construction but also in other sectors connected to the rail sector.

  • Garrigues leads in Spain in terms of value and number of merger and acquisition deals in 2021

    With a total of 181 deals amounting to 26,618 million euros, the firm leads the TTR ranking

  • The Spanish new Food Supply Chain Law: key highlights

    On December 15, the Official State Gazette (BOE) published Law 16/2021, amending (once again) Law 12/2013, on measures to improve the functioning of the food supply chain (the Food Supply Chain Law or LCA, after its initials in Spanish). The new law contains major new legislation for all the businesses participating in the food industry (affecting foreign companies for the first time). Here we analyze its key elements.

  • Bank of Spain puts in place new register for virtual currency exchange providers and custodian wallet providers

    This register, which was regulated in Spain last April to adapt the Spanish legislation to the 5th Anti-Money Laundering Directive, introduces a whole set of specific requirements to be taken into account by virtual currency exchange providers and custodian wallet providers.

  • REITs or SIGIs: an alternative for investment in real estate assets in Portugal

    Garrigues Portugal offers a detailed analysis of the legal regime of Real Estate Investment and Management Companies (SIGI) in the latest edition of the EPRA Global REIT 2021 Study. The firm's experts explain the key factors to take into account when considering investing in the Portuguese market through this vehicle.

  • Chile: e-commerce regulations published to promote transparency in consumer information

    On September 23, 2021, Supreme Decree No. 6 of 2021 of the Ministry of Economy, Development and Tourism was published in the Official Gazette approving the Electronic Commerce Regulation. The purpose of this regulation is to strengthen the transparency and quality of the information provided to consumers on e-commerce platforms in order to encourage informed decision-making, and thus strengthen consumers' right to free choice. 

  • Spanish Government approves urgent measures to reduce impact of steep rise in natural gas prices on gas and electricity retail markets

    Royal Decree-Law 17/2021, of September 14, 2021, on urgent measures to reduce the impact of the steep rise in natural gas prices on the gas and electricity retail markets (RDL 17/2021) came into force on September 16, 2021. It contains a raft of measures in various areas aimed at containing the steep rise in the price of electricity on the Iberian wholesale market and mitigating its effects on the most vulnerable.

  • Garrigues, the only law firm in Spain to lead all the corporate law service lines in the IFLR1000

    The prestigious directory highlights 49 of the firm’s professionals as leading lawyers.

  • Peru moves forward in fintech regulation: The SBS approved the Regulation of Innovative Models

    February 1, 2022 is the key date, when the new Regulation for the temporary performance of activities in innovative new models will come into force.  

  • A digital euro: what is it and what consequences could it have?

    The European Central Bank (ECB) plans to announce shortly whether it will launch a design and creation project for a digital euro, something which, as the institution itself has said, would have an immense impact. We need to know therefore what the digital euro would be legally and what implications it could have for many parties in the financial system and in particular for banks and other financial institutions.