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Carolina Pardo

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On February 23 2022, the Colombian National Government issued Decree 253 (the “Decree”), modifying the regulation concerning antitrust leniency programs, known in Colombia as the Collaboration Benefit Program (“CBP”), applicable in administrative investigations conducted by the Superintendence of Industry and Commerce in regards to anticompetitive practices.
This modification is intended to strengthen the CBP as a mechanism for the Superintendence to detect and sanction any conduct that might affect competition, while discouraging the creation of and participation in cartels.

In brief What’s new? On April 9, the Superintendence of Companies (“SS”) issued the External Circular No. 100-000004 (the “Circular”). Through this Circular, the SS modified some sections of Chapter X of its Basic Legal Circular, which regulates the obligation to implement a SAGRILAFT for some companies. Among other matters,…

In brief On October 2, the Superintendence of Companies (“SS”) issued the Resolution 100-006261 (the “Resolution”), by means of which it defined the new criteria to determine the companies that must adopt Business Transparency and Ethics Programs (“PTEE”). The Resolution is effective as of January 1, 2021, and expressly revoke…

In brief What’s new? The Superintendence of Industry and Commerce (SIC) issued its “Guide on good practices in advertising through influencers” (the “Guide”), defining guidelines for advertisers and influencers on the best way to promote products to consumers, mainly through digital means, guaranteeing the rights of consumers. Contents Recommendations for…

COVID-19 is wreaking havoc with the global economy, disrupting all manner of businesses, and is requiring unprecedented measures and coordinated action. Many companies are suffering due to interrupted supply chains and reduced customer demand and will face significant losses and cash flow issues as a result. Others will face an…