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The New Financial Reform and Competition Laws in Colombia: Key Points for Bank In-House Counsel

Abstract

In a previous article I noted that Colombia was experiencing a deepening in state intervention in the activities of banks and other financial institutions, often inspired by consumer right concerns. New pieces of legislation, recently enacted, consolidate this trend and pose interesting challenges both for institutions and for in-house counsels.

Author

Antonio Núñez
Lawyer, Nuñez Rincon Abogados Consultores, Colombia

Antonio José Núñez obtained his degree in law from Pontificia Universidad Javeriana (1989). He also holds an LL.M. from Harvard Law School (1990) and an MBA from Insead (1998) as well as degrees in Insurance law from Pontificia Universidad Javeriana (1992) and Finance from Universidad de los Andes (1995). He has worked with the Colombian Ministries of Finance and Justice, the Colombian Foreign Trade Bank (Bancoldex), Accenture, the Chamber of Commerce of Bogotá and Citibank-Colombia where he was country counsel and country compliance officer. He is currently a partner at NUÑEZ RINCON ABOGADOS CONSUTORES. He works as an arbitrator at the Chamber of Commerce of Bogotá. He has been a lecturer at Universidad Externado de Colombia and Pontificia Universidad Javeriana since 1992 and has published several books, the most recent of which is "Diálogo sobre la Crisis Financiera", with ex-Minister of Finance Juan Camilo Restrepo.

Company

Nuñez Rincon Abogados Consultores

NUÑEZ RINCON ABOGADOS CONSULTORES is a law firm that specializes in financial and administrative law and in regulatory compliance. It was created in July 2013. Clients include banks, stockbrokers and exchanges and Colombian governmental entities.

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