The National Executive issued Decree No. 4,812 on 19 June 2023, which extends the waivers of Legal Regimes for export until 9 December 2023 (“Decree”). Said waivers were established on 9 June 2021 by Decree No. 4,5252 regarding Optimization of Export Processes, which was extended until June 2022 and June 2023.
The Decree established its validity as of 9 December 2023, having a retroactive effect.
The National Executive Branch submitted Message 87/2023 to the Honorable Chamber of Deputies of the Nation with the Personal Data Protection Bill of Law (“Bill”).
The Bill is the outcome of a participatory, open and transparent process led by the Agency for Access to Public Information, which included the publication of the Personal Data Protection Draft Bill and its subsequent opening for public consultation. After receiving a total of 173 opinions, contributions and comments, the AAIP presented the Bill to the NEB and now the latter has submitted the Bill to Congress.
Last 30 May, Supreme Decree No. 006-2023-MINAM was published, whose Fourth Final Complementary Provision establishes that the Single Procedure of the Environmental Certification Process is suspended until 1 January 2025, for all stages, requirements, deadlines and other aspects related to the environmental certification process in charge of SENACE.
On 13 May 2023, Law No. 31740, which amends Law No. 30424 regulating the administrative liability of legal entities, was published in the Official Gazette, El Peruano.
Our latest Antitrust and Competition Handbook is now available. We have developed this guidance as a practical resource for multinationals trying to harmonize their approach to antitrust compliance in different countries in Latin America, as well as for local companies that are bringing their compliance programs up to international standards.
June marks LGBTIQ+ Pride Month. This is a good opportunity for us as companies to reflect on how far we have come in creating inclusive workplaces and to take some action.
On 7 June 2023, Law No. 31775 was published, amending the Criminal Code and the Law for the Repression of Anti-competitive Conduct.
The Brazilian Secretariat of Foreign Trade opened, on 22 June 2023, a new investigation to assess whether the Chinese government granted actionable subsidies to its national producers who exported fiber-optic cables to Brazil. The investigation may result in the imposition of countervailing measures and the consequent increase in the cost of Brazilian imports of fiber-optic cables for a period of five years. In parallel, there is another ongoing investigation into the alleged practice of dumping by Chinese manufacturers/exporters of the same product, which may result in the imposition of antidumping duties, further raising the cost of Brazilian importers.
On 12 June 2023, the Rio de Janeiro Municipality enacted Law number 7,907/2023 (the so-called “Neutral ISS Law”) to promote the development of carbon credits market involving Rio de Janeiro taxpayers and encourage the reduction of greenhouse gas emissions.
On 5 June 2023, Federal Decree Nos. 11,546, 11,547, 11,548, 11,549, and 11,550 were enacted, setting forth provisions related to climate change.