PPO Abogados and Indacochea & Asociados, historic leaders in Bolivian business law, have joined forces to form PPO Indacochea—the first major full-service law firm in the country.
Last Thursday, March 6, 2025, PPO Abogados reaffirmed its commitment to transparency by leading the signing of the “Commitment to Business Integrity,” an agreement between the private sector and the Vice Ministry of Institutional Transparency and the Fight Against Corruption
As part of the Tax Congress organized by the International Fiscal Association (IFA) Bolivia, PPO Abogados reaffirmed its commitment to fostering dialogue on tax matters and fiscal policy in Bolivia and the region
In June 2024, the Central Bank of Bolivia (BCB) repealed the resolution that prohibited the use of crypto assets in the national payment system. Before this change, regulated financial institutions were unable to conduct transactions involving crypto assets; such transactions had to be considered suspicious and reported to the Financial Investigations Unit (UIF).
On 16 January 2025, the Ministry of Justice and Institutional Transparency (“MoJ”), approved the “Regulation of the Integrity List for the Implementation of Compliance” (“Regulation”), Ministerial Resolution No. 008/2025 (“RM 08”).
This report summarizes key developments in 2024 and what to expect in 2025 regarding compliance matters relevant for in-house lawyers and compliance professionals. The report includes links to the primary sources of the documents and information provided.
Bolivia, like Canada, has a long and complex history of colonization and evolving state relations with Indigenous peoples— especially in the context of extractive industries such as mining and oil and gas development. These shared historical and sociopolitical dynamics give rise to notable similarities in how extractive activities are approved in both countries.
Black powder, recognized as the first explosive used in mining and construction, originates from the 17th century. In 1863, Alfred Nobel revolutionized the field of explosives by patenting the first detonator, a wooden device loaded with black powder.
Given the pre-colonial existence of indigenous communities, nations and rural indigenous peoples, the Bolivian State recognizes among its fundamental bases their participation in the different areas of economic development, such as mining. That is to say that, from the beginning, the mining activity carried out in Bolivia has been conditioned not only by purely legal and technical aspects, but also includes an extremely strong and determining social component when it is carried out.
