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PPO Abogados advised San Cristobal Mining Inc. with its acquisition of Minera San Cristobal S.A., a world-class mining project in Bolivia

PPO Abogados, along with Boughton Law Corporation, Aird & Berlis LLP, Dorsey & Whitney LLP, advised San Cristobal Mining, a Canadian corporation, with respect to its acquisition of Minera San Cristobal S.A., a Bolivian company with mining rights over Bolivia’s largest mine, along with two other affiliates, from Sumitomo Corporation. The mine produces silver, lead, and zinc in the Potosí region of Bolivia.

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Insights

Bolivia Towards the Implementation of Compliance in Private Companies

On February 2 of this year, the Bolivian government approved Executive Order No. 4872, regarding the “Plurinational Policy to Fight Corruption” (the “Policy”).
The objective of the Policy is to strengthen the fight against corruption based on, among others: 1) digitized public management; 2) development and implementation of risk management systems; and 3) management of complaints that are measurable and comparable to obtain results of impact, to optimize the prevention mechanisms.

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New Regulation on Thematic Bonds

2016 was a historic year in the fight against climate change. 196 countries including the European Union, which are parties to the United Nations Framework Convention on Climate Change, also known as the UNFCCC, met in Paris to agree on a set of principles about how to curb greenhouse gas emissions and cope with climate change. This milestone was called the Paris Agreement.

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