As discussed in our last Latin America Note on Chile, for many, the constitutional re-write process and the election of Gabriel Boric as President represent an opportunity to reshape Chile’s political, economic, and social structures by increasing social investment and environmental protection. However, for others (including foreign investors), this period of uncertainty has triggered significant … Read more

On January 10, 2022, Nicaraguan President Daniel Ortega was sworn into office for his fourth consecutive term, despite the United States and European Union allegations that the election was a “sham.”  On the same day, the U.S. imposed sanctions on Nicaraguan officials accused of undermining democracy. Over the past years, the Office of Foreign Assets … Read more

On December 19, 2021, Gabriel Boric was elected the new President of Chile. This is a significant development for the country, and its potential impact on foreign investment is best understood by revisiting the most recent developments in Chile, including the moves to effect Constitutional changes. Over the past few years, Latin American countries have … Read more

On 14 June 2021, a new merger control regime entered into force in Peru. Merger control laws have been in place in Peru for almost 30 years but these were limited to the electricity sector. The new merger control legislation (Law Nº 31112, approved by the Peruvian Congress in January 2021) has repealed the sector-specific … Read more

Below you will find a detailed update on Latin America regional climate policy trends as part of HSF’s global launch of the COP26 hub. Our dedicated hub arms you with the resources, updates and insights to chart how climate change policy will impact your business through the 2020s. From regional overviews to sectorial deep dives, … Read more

Alarmism would be excessive. However, recent judgments by the Brazilian judiciary call for a hint of caution when selecting Brazil as a seat for arbitration. Recent articles published in the Brazilian legal and general press have spurred a lively debate as to potential threats to the country’s development into one of the world’s leading seats … Read more

Peru finally has a new President-elect.  In the evening of July 19, 2021, Peru’s electoral authority named the socialist candidate Pedro Castillo as the country’s next president. The official result was delayed by more than six weeks after the June 6 runoff vote due to fraud claims from Castillo’s right-wing opponent, Keiko Fujimori. After winning … Read more

These are exciting times for the natural gas sector in Brazil. Over the past few months, the Brazilian legal framework for the sector has been completely overhauled. Energy companies and those investing in the region should be aware of what the Brazilian government and local players call a “new gas market” and the legislative reform … Read more