Baker McKenzie Latin America Financial Institutions industry group’s FintechFest is the first of a series of webinars that aims to provide insights on key market trends, opportunities, and legal and regulatory challenges to guide financial institutions and technology companies through the panoply of issues in the rapidly evolving fintech sector. In Latin…

In July of 2017, Andrew Bailey, the chief executive of the UK Financial Conduct Authority (FCA), announced in a speech that after 2021 the FCA would no longer use its power to compel panel banks to submit rate information used to determine the London Interbank Offered Rate (LIBOR). Mr. Bailey…

Today the Central Bank of the Argentine Republic (“CBAR”) issued Communication “A” 6776 clarifying certain aspects of the new exchange control regime established by Executive Decree No. 609/2019 and Communication “A” 6770 issued by the CBAR. The main clarifications made are the following: i. Export of Goods: The maximum repatriation…