Newsletter January 2022
Newsletter-January-2022
Newsletter December 2021 – Ingles
LAW OF REGISTRIES AND NOTARIES’ OFFICES The Law of Registries and Notaries’ Offices, issued by the National Assembly, was published in Official Gazette No. 6.668 Extraordinary, dated December 16, 2021 (the “Law”). The changes included in this new Law refer mainly to the inclusion of the Petro (“PTR”) as unit of account for calculating…
Newsletter September 2021
RULES THAT GOVERN THE NEW CURRENCY ADJUSTMENT Through Official Gazette No. 42.191 of 08/16/2021, the Venezuelan Central Bank issued the Rules that Govern the New Currency Adjustment (Resolution No. 21-08-01), in order to regulate the aspects related to the new monetary scale of the bolivar established in Decree No. 4.553 of the National Executive.…
NEW CURRENCY ADJUSTMENT Through Decree No. 4.553 of 08/06/2021, published in Official Gazette No. 42.185 of the same date, the National Executive decreed a new currency adjustment of the bolivar. The most relevant aspects of said currency adjustment are summarized below: 1) The unit of the Venezuelan monetary system, that is, the bolivar as…