Foreign Exchange and International Investments

Description

The Foreign Exchange team is a renowned leader in the market both locally and internationally. Our practice is known for providing pioneering advice to local and foreign entities regarding foreign exchange operations, but most significantly, for the innovation and contribution to regulation of the derivatives market in Colombia.

The team provides comprehensive advice regarding transactions that are completed mandatorily through the foreign exchange market as well as free market operations. Additionally, our team is composed of professionals with a significant amount of experience on cross border derivative transactions and the applicable regulation, as well as repo products.

Portfolio of Services

Exchange market

Structuring of business and international transactions from the exchange perspective.
Foreign investment records.
External indebtedness records.
Guarantees registration.
Payments for the import and export of goods records.
Registration of operations voluntarily redirected through the exchange market.
Amendments on exchange declarations.
Records of branches of the special regime of hydrocarbons and mining and companies in the sector.
Registration and management of clearing accounts.
Proceedings and administrative procedures before government authorities.

Derivatives operations

Registration of derivatives operations before the Central Bank.
Negotiation and review of the Local Master Agreement for Derivative Financial Instruments of Asobancaria.
Negotiation and review of ISDA Master Agreement, signed between local and foreign counterparts.
Negotiation and review of CSA (Credit Support Annexes) in relation to the ISDA Master Agreement signed between local and foreign counterparts.
Legal opinions in relation to the ISDA Master Agreement, Local Master Agreement for Derivative Financial Instruments, and related guarantees.

Stock options

Review of “Stock Option Plans”, as well as salary and extra salary programs from the perspective of the Colombian- and exchange regulation.
Structuring and coordination of “Stock Option Plans” with other areas of the firm.

Representative offices (FOREX)

Requirements and procedures for the offer of FOREX products and other similar services.
General advice on correspondent agreements.
Actions to open representative offices.

Seminars and training

Requirements and procedures for the offer of FOREX products and other similar services.
Exchange topics in general.
Topics of derivatives and related agreements.

Seminarios y capacitaciones