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El Salvador is increasingly paying attention to the quality of its regulations

By Portal & Asociados - 02/04/2020
El Salvador is increasingly paying attention to the quality of its regulations

Produced by the Organisation for Economic Co-operation and Development (OECD), the third edition of Government at a Glance Latin America and the Caribbean provides the latest available evidence on public administrations and their performance in the LAC region and compares it to OECD countries.

According to the publication, in 2019 El Salvador adopted new policy documents that establish the principles of their regulatory policy. As part of their recent regulatory reforms, El Salvador reformed its institutional settings and established new bodies responsible for the promotion of regulatory policies. Additionally, El Salvador has established their first-ever obligations to conduct Regulatory Impact Assessments (RIA) for at least some subordinate regulations. The Law of Better Regulation assigned the Regulatory Improvement Agency the responsibility to scrutinise the quality of RIA’s according to the standards established in the Law.

The OECD report publication includes indicators on public finances and economics, public employment, centres of government, regulatory governance, open government data, public sector integrity, public procurement and for the first time core government results (e.g. trust, inequality reduction).

By Portal & Asociados - 02/04/2020
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Portal & Asociados

For over thirty years, PORTAL & ASOCIADOS has been recognized as a Salvadoran law firm synonymous of high quality, integrity and value by leading domestic and multinational corporations and law firms seeking to invest or expand operations in El Salvador and Central America. We provide intellectual property services with a high level of professionalism no matter the size or nature of the operations of our clients.

The firm provides Intellectual Property services to businesses of all sizes, across all industry segments. Our multidisciplinary approach and multilingual staff appeal to inside and outside counsel who need a cooperative, responsive and cost conscious legal team on the ground to represent their clients’ interest in the Salvadoran and Central American region. Portal & Asociados also stands at the forefront of CAFTA related opportunities assisting manufacturers and companies to take full advantage of CAFTA market opening provisions by helping clients navigate the important reforms of domestic legal and business environments.

Because it is so time consuming and therefore expensive to establish and maintain relationships with five different law firms located and operating within a small geographical region, the firm´s Central American services consolidates clients’ efforts and offers one point of contact for all legal needs in Guatemala, Honduras, El Salvador, Costa Rica and Nicaragua and that is why we are your CENTRAL AMERICAN HUB FOR INTELLECTUAL PROPERTY SERVICES.