On 28 March 2023, the Mexican President introduced a bill to Congress, containing a decree that amends, adds and repeals various provisions of the Mining Law, the National Water Law, the Ecological Balance and Environmental Protection Law, and the General Law for the Prevention and Integral Management of Waste, in relation to mining and water concessions.
Mining is a priority activity for a country’s economic growth, as it provides the minerals and raw materials needed for different industrial sectors. If approved as proposed, this initiative would hamper the development of the sector by restricting the exploration, exploitation and processing of these minerals.
The Superintendent of the Venezuelan Tax Authority issued Administrative Ruling No. SNAT/2023/00005, which designates who may be designated as a special taxpayer, their obligations and other relevant aspects. The Ruling repealed Administrative Ruling No. SNAT/2007/06852 and entered in force on 15 March 2023.
On 11 April 2023, Congress approved the law that reduces the working schedule from 45 to 40 hours per week. Its publication in the Official Gazette is pending, but this should occur within the next few days. The law will mostly come into force gradually at different times.
On 17 April 2023, Argentina became the 23rd country to ratify Convention 108+, which aims to protect the privacy of individuals against possible abuses in the processing of their personal data. Argentina ratified Convention 108+ during the Privacy 2023 Symposium held in Venice between 17 and 21 April.
On Thursday 20 April 2023, President Boric –via national transmission– announced the new National Strategy for Lithium.
On 12 April, Justice Secretary Flavio Dino issued an ordinance that makes it possible to hold digital platforms accountable for the dissemination of content that promotes violence in schools. The document sets forth specific obligations for platforms, such as the immediate removal of certain content after a request from the competent authorities, systemic risk assessment, adoption of measures to prevent the spread of new threats to schools and a policy of active content moderation by application providers. In addition, platforms must prepare reports for the justice secretariat analyzing the risk factors of spreading certain illegal content, and whether recommendation algorithms or other algorithms used by platforms, as well as the content moderation practices adopted, contribute to such risk factors.
In line with the process intended to update Data Protection Law 25,326, the Agency for Access to Public Information announced on its official website the presentation of the Bill of Law on Personal Data Protection in the National Congress.
Join us for a four-part webinar series as our US moderators welcome colleagues from around the globe to share the latest labor and employment law updates and trends. US-based multinational employers with business operations in Asia Pacific, Europe, the Middle East and Africa, and the Americas regions will hear directly from local practitioners on the major developments they need to know, and come away with practical tips and takeaways to implement.
On 11 April 2023, the Argentine Securities and Exchange Commission (CNV) issued General Resolution No. 957/2023 to modify the minimum holding periods in the portfolio of securities with settlement in foreign currency prior to the execution of sale transactions.
On 10 April 2023, the National Executive Power issued the Decree of Necessity and Urgency No. 194/2023 with the purpose of re-establishing, on an extraordinary and transitory basis, the Export Increase Program created by Decree of Necessity and Urgency No. 576/2022 for those subjects and producers of regional economies that have exported at any time during the 18 months immediately prior to the entry into force of this decree, goods whose tariff positions of the Common Nomenclature of MERCOSUR are listed in Annexes I and II of Decree 194.