On 29 August 2024, the Central Bank of the Republic of Argentina (BCRA, after its Spanish abbreviation) issued Communication “A” 8099, which sets forth the implementation of the foreign exchange benefits provided by the Incentives Regime for Major Investments (RIGI, after its Spanish abbreviation).
On 22 August 2024, Legislative Decree No. 1629 was published, amending Article 2 of Law No. 31992, Law for the Promotion of Green Hydrogen, which aims to promote the development of green hydrogen from renewable energy resources.
On 5 August 2024, Ministerial Resolution No. 435-2024-MTC/01.02 was published, approving the new Regulations on Aeronautical Infractions and Sanctions. The Regulations establish the classification of infractions related to Law No. 27,261, the Peruvian Civil Aeronautics Law. The Regulations incorporate Subchapter XV of the Peruvian Aeronautical Regulation on violations of environmental protection, aircraft noise reduction and the Carbon Offset and Reduction Scheme for International Aviation.
On 27 July 2024, Supreme Decree No. 014-2024-EM was published. It establishes a new exceptional and non-extendable deadline for submitting the Detailed Environmental Plan. Owners of mining activities that have an environmental management instrument (IGA) in force and have built components or made modifications to the project can adapt their activities without previously having the IGA modified. Likewise, the procedure for evaluating mine closure plans has been optimized.
On 20 August 2024, Head Resolution No. 0323-2024-ANA was published. Through it, the Regulation for the Granting of Authorizations for Discharge and Reuse of Treated Wastewater, approved by Head Resolution No. 224-2013-ANA, was amended. It aims to optimize the evaluation of the procedures for renewing authorizations to discharge and reuse treated wastewater.
On 2 August 2024, Bill No. 2308/2023, which establishes the legal framework for low-carbon hydrogen in Brazil, was approved with a partial veto. Numbered as Law 14948/2024, it has created the National Low-Carbon Hydrogen Policy, which will form part of the country’s National Energy Policy. The Law has also established the competence of the National Agency for Oil, Natural Gas and Biofuels to authorize, regulate and inspect activities in the low-carbon hydrogen value chain, and has created the Brazilian Hydrogen Certification System and the Special Incentive Regime for Low-Carbon Hydrogen Production, a tax regime designed to foster technological and industrial development, competitiveness and added value in national production chains.
On 30 July 2024, the National Consumer Secretariat published Technical Note No. 2/2024/Gab-DPDC/DPDC/SENACON/MJ, providing for the Ads Quality Criteria and Data Quality Criteria, as transparency parameters to be adopted and complied with by digital platforms in Brazil. The recent Technical Note established transparency criteria applicable to platforms, mentioning the need to comply with dignity, health, safety, protection and harmony within consumer relations.
The Brazilian Data Protection Authority (ANPD) published Resolution CD/ANPD No. 19, which creates the procedures and rules for recognizing the suitability of other countries or international bodies to carry out international personal data transfer operations, as well as approving the standard contractual clauses that may be used by processing agents to legitimize the international transfer of personal data.
The Brazilian Data Protection Authority (ANPD) has published Resolution CD/ANPD No. 18, which creates additional rules for the appointment of the Person in Charge (similar, although not equivalent, to the Data Protection Officer under the GDPR).
As background, according to Law No. 13.709/18 (Brazilian Data Protection Law (LGPD)), data controllers must appoint a Person in Charge. The “Person in Charge” has the primary role of serving as a communication liaison between the data controller, data subjects and ANPD, as well as providing training and guidance to the controller’s employees, and complying with any other instructions that controller may give.
Law No. 32102, an amendment to the Telework Law, has been published, incorporating rights and obligations for teleworkers, as well as modifications to the minimum content of telework agreements.
The Executive Power will adapt the Regulation of the Telework Law to these new rules within 90 calendar days.