Davis Polk wins firm of the year plus all the night’s winning deals, teams and individuals
Following the official adoption of bitcoin as legal tender, the Sub-Saharan country is up against a slew of obstacles if its cryptocurrency gamble is to pay off
IFLR is delighted to announce the shortlist for the IFLR Americas Awards 2022 – winners will be announced at the awards ceremony in New York on May 19
The Americas awards research cycle has now begun – don’t miss out on this opportunity to get recognised
Research for the 2022 IFLR Americas Awards has now begun, with winners to be announced on May 12 2022
The Rising Stars Awards releases its winners for the 2021 Americas awards
The bid by the Central America nation to adopt the digital currency could backfire if bitcoin volatility becomes more severe than its own currency
In the central American region, the legal framework must guarantee the confidentiality of personal data. In terms of security policies, seven out of 10 large companies in central America claim to have them defined, dictating how employees should behave when using the company's computing resources, and how to use data in a confidential manner. However, in order to face growing vulnerabilities and risks, any internal policies or regulations established within companies need to be complemented with proper technology. In both El Salvador and the rest of the region, companies are rethinking their security strategies including their policies, work regulations and internal processes.
Sponsored by Consortium LegalThe Salvadoran Law on Secured Transactions (SLST) has been in force since April 2014 by Decree No 488, which is based on the Organisation of American State´s (OAS) Model Inter-American Law on Secured Transactions. Under Article 88, the SLST clarified that the new national central registry would become operational no later than six months after this law came into force (that is, October 15 2014).The creation of the SLST had an overarching theme: to improve access to credit for micro, small and medium-sized enterprises (MSMEs), particularly those involving women-owned businesses and other marginalised groups.