On December 24TH, 2021, the Ministry of Commerce, Industry and Tourism issued Decree 1836 of 2021 which amends Decree 1074 of 2015 regarding the National Tourism Registry (“RNT”).
As we consider it to be of your interest, please find below a brief summary of Decree 255 issued in February 2022. This regulation develops the provisions of the Colombian general data protection law regarding the Binding Corporate Rules (BCRs).
On December 24TH, 2021, the Ministry of Commerce, Industry and Tourism issued Decree 1836 of 2021 which amends Decree 1074 of 2015 regarding the National Tourism Registry (“RNT”).
On March 25th, 2021, the National Hydrocarbons Agency did the pre-launch of the Colombia 2021 Round through which the ANH aims to continue with the reactivation process of the Colombian oil & gas industry through the allocation of new areas for the exploration and exploitation of hydrocarbons, as it priorly did with the Permanent Process of Allocation of Areas of 2019.
On February 10, 2021, the National Government issued Decree 151, through which Decree 2555 of 2010 is amended, particularly with respect to the disclosure regime applicable to issuers.
On January 27, 2021, the MME issued Decree 099 of 2021 which adjusted the guidelines for the expansion of the energy service coverage in the Interconnected National System and in the Non-Interconnected Zones.
The Colombian Antitrust Authority – the Superintendence of Industry and Commerce (“SIC”), will start charging a fee to the companies that have to go through a merger control procedure. Hence, by means of Resolution 2103 of 2020, the SIC set the values for the applicable fees to the merger control proceeding in Colombia that will be charged as of February 2021.
Ministry of Environment issued Resolution 1342 of 2020 which modifies the Resolution which establishes the environmental management of waste from paper, carton, plastic, glass, and metal packages.
Colombia´s Central Bank published the recent modifications to External Regulatory Circular DCIN-83 in relation to the procedures applicable to exchange operations.
Through Resolution 2162 of 2020, the Ministry of Finance established: (i) new requirements, (ii) the amounts that will be paid as of September, and (iii) the procedures for implementing the Formal Employment Support Program (PAEF).
By means of the Decree 1100 of August 10, 2020, the Ministry of Trade, Industry and Tourism describes the commitments acquired by Colombia under the Free Trade Agreement between Colombia and Israel.This Treaty and the subsequent Exchange of Notes between Israel and...