Venezuela

Venezuela: COVID-19 – Continuation of activities of the Securities Market under the 7+7 easing...

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The Office of the National Superintendent for Securities (NSS) issued Notice No. DSNV/CJU/00520 of June 14, 2020,[1] whereby it established the guidelines to continue the activities of the securities market, under the Easing Measures for the National Quarantine Plan (7+7) and the Constitutional State of Alarm generated by the COVID-19 pandemic (“Notice”).The Notice applies to security brokers, brokerage houses, stock exchanges and other subjects regulated by the Decree with Rank, Value and Force of Securities Market Law (“Subjects”).The 7+7 easing timetable consists of a cycle of seven quarantine days and seven easing days, until a vaccine for COVID-19 is found. The Subjects will work and have customer service activities solely in a determined schedule within the seven easing days. The 7+7 easing timetable may be subject to change by the National Executive.

Latin America: COVID-19 – The Reopening Playbook

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Our Latin America Employment and Compensation team is pleased to provide you with this quick guide which includes six key topics when planning to reopen the workplace around 7 jurisdictions in Latin America.

Venezuela: The Autonomous Service for Registries and Notaries (SAREN) informed about the incorporation of...

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The  Autonomous Service of Registries and Notaries (“SAREN”) published on June 14, 2020 in its website’s news section and in its social media1 an announcement about the incorporation of Commercial Registries, Public Registries, Public Notaries and Principal Registries (“Registries and Notaries”) to the 7+7 easing timetable established by the National Executive.The 7+7 easing timetable consists of seven quarantine days per seven easing days, until there is a vaccine for COVID-19. Registries and Notaries will only open in specific work hours within the seven days of the easing period.To this date, no regulation in this respect has been published through an Official Gazette.

Webinar: Challenges and Solutions for Multijurisdictional Filings in Latin America

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 In this webinar, Esteban Rópolo, competition law expert and partner, presents the legal and economic challenges and risks that multinational companies from the region...

US Government Escalates Sanctions Against the Government of Venezuela

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On August 5, 2019, President Trump issued Executive Order 13884 (“Venezuela EO”) blocking all property of the Government of Venezuela (“GOV”), a significant escalation of sanctions...

Global Legal Guide for Luxury & Fashion Companies

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Despite geopolitical shifts, uncertainty and various factors that seem to affect numerous sectors, the global luxury and fashion industry has tripled in the last...

Baker McKenzie Latin America Antitrust & Competition Handbook

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Antitrust law in Latin America is evolving. Stronger cooperation among regulators and the growing influence of the OECD — to which Brazil, Chile, Colombia...

Baker McKenzie releases Global Corporate Liability Handbook

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Building on the success of 2016’s “EMEA Corporate Liability Handbook,” we are pleased to present you with the first global edition that collates and describes in detail the corporate liability and corporate crime regimes of countries in Asia, EMEA and the Americas.

EU introduces legislation imposing targeted sanctions against Venezuela

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The EU imposed sanctions on Venezuela in response to the continuing crisis in Venezuela and the perceived deterioration of democracy, the rule of law and human rights.

US Imposes Economic Sanctions on Venezuela

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On August 24, 2017, President Trump signed an Executive Order imposing additional sanctions on Venezuela. The Order states that these sanctions, which primarily target the Government of Venezuela and the Venezuelan oil industry, are in response to the deepening political and humanitarian crisis in Venezuela.
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