María de Los Angeles Celis

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Venezuela: New decree of monetary expression effective as of 1 October 2021

Venezuela - August 18 2021 The National Executive issued Decree No. 4,553 of 6 August 2021, establishing a new monetary expression (Decree)1. The Decree entered into…

Jesús A. Dávila.

Venezuela: COVID-19 - The banking authority issued temporary measures regarding evaluation of banking credit portfolios, including special conditions for credits granted before 23 March 2020

Venezuela - September 30 2020 On September 15, 2020, the Office of the Superintendent of Banking Sector Institutions ("SUDEBAN") issued Resolution No. 041.20, which…

Jesús A. Dávila, José P. Barnola, Jr..

Venezuela: COVID-19 - Continuation of activities of the Securities Market under the 7+7 easing timetable of the COVID-19 quarantine

Venezuela - July 9 2020 In Brief The Office of the National Superintendent for Securities (NSS) issued Notice No. DSNV/CJU/00520 of June 14, 2020,[1] whereby it established…

Jesús A. Dávila, José P. Barnola, Jr..

Venezuela: The Securities Authority authorized the public offering of investment units of the first collective investment entity specialized in the real estate sector

Venezuela - August 23 2021 The Office of the National Superintendent of Securities (SUNAVAL) authorized the issuance of a minimum of 20 million investment units and a…

Jesús A. Dávila, Marie Roschelle Quintero.

Venezuela: It is decreed a new State of Alarm throughout the country due to COVID-19 until August 9, 2020

Venezuela - July 21 2020 Presidential Decree No. 4,247 ("Decree")1 declared a new State of Alarm throughout the country to mitigate and eradicate the risks related to…

Jesús A. Dávila, José P. Barnola, Jr., Marie Roschelle Quintero.