The RLI debate in Madrid about public-private collaboration and compliance

Various partners of the member firms of the Iberoamerican Legal Network (RLI) met this week in Madrid with the aim of holding a series of conferences in which to reflect, together with leading companies from the Spanish business network with interests in Latin America, on the main opportunities in the region in terms of public-private collaboration and regulatory compliance.


Thus, under the title “Public-Private Partnership: challenges and opportunities in Latin America”, on Wednesday, October 3, the first day of this cycle took place, which was attended by Rosa Vidal, managing partner of BROSETA; Francisco de Blas, of the General Coordination of the Mayor’s Office of the City of Madrid, broke down the situation of the different development plans of the capital of Spain, highlighting among them “Castellana Norte District”, and Miguel Ángel Ladero, director of operations of COFIDES, presented the business model and experience in public-private collaboration of his organisation.


The day continued with a round table in which different partners of member firms of the RLI debated on the public-private collaboration in Latin America. Thus, Francisco Javier Valdés, partner of the Mexican firm Cervantes Sainz, pointed out how his country “currently offers a clear atmosphere of certainty and tranquility and an optimal ecosystem for investment”; Juan Pablo González, partner of Esguerra, pointed out how “in Colombia there is a clear demand for public-private collaboration for infrastructure. 50% of the PPPs that are being presented in the country are also related to transport infrastructure”.


Next, Juan Ignacio Peña, partner of the Chilean firm Honorato Delaveau, said that “Chile is very clear about the importance of tendering and the development of infrastructure for growth. For 2023 there is an investment forecast of more than 20 billion dollars”, while for Martin Carlevaro, partner of BKM Berkemeyer, Paraguayan firm,”Paraguay is a stable and attractive country to invest in for the long term, and has infrastructure projects with very interesting tickets for large construction companies and international investment banking “.


To conclude the debate, José Quiroz, Quiroz Santroni’s partner, spoke of the Dominican Republic as a country “with a geographical, fiscal and growth framework that places it in an ideal environment for complex investments such as those required by public-private collaboration”. Cristina López, partner of Lovill Latamlex, a Panamanian company, spoke about investing in this country, for which “it is important to have a local partner who understands the language of the region and how to do business correctly and responsibly”. Finally, on the part of BROSETA, the partner Carlos Gutiérrez spoke, among other questions, about the re-bidding process for motorways in Spain, an area that will evolve according to “the initial channel that is determined, the solvency requirements that are established and the rates of profitability to be marked “.


The day ended with a presentation of the main public-private investment investment opportunities that currently exist in the region, after which Julio Veloso, partner of BROSETA, remarked as a closing on “the relevant multi-sectoral opportunities offered by the Latin American region, the legal security that guarantees and the economic stability that exists “.


The second day of this cycle of conferences of the RLI, held on Thursday, October 4 under the title “Regulatory Compliance: situation and keys to the success of Compliance in Spain and Latin America”, had the participation in the opening of the president of the Commission of National Markets and Competition (CNMC), Mr. José María Marín Quemada, who was introduced by the president of BROSETA, Manuel Broseta, and who highlighted the relevant role of the CNMC and its president in promoting compliance and good government in organisations, and by Luis Bereguer, senior advisor of BROSETA and first president of the National Competition Commission.


Marín Quemada explained in his speech before the members of the RLI and companies present on the day about the active role carried out by his institution in matters of transparency and compliance, with specific highlighted actions such as Compliance Spaces, among others.


The conference continued with the speech of Carlos Soucase and José Adroher, director and manager of BROSETA Compliance, who analysed the legal framework of regulatory compliance in Spain and Latin America in their presentation, before giving way to two practical cases of success in terms of legal compliance in the Chilean and Mexican jurisdictions, which were explained by the partners Juan Ignacio Peña, from Honorato Delaveau, and Alejandro Sainz, from Cervantes Sainz.


The day ended with a round table on prevention and fight against corruption in Latin America, after which this cycle of conferences was closed by José Ugaz, partner of the Peruvian firm Benites, Vargas & Ugaz Abogados, and former President of Transparency International.


The Iberoamerican Legal Network is an alliance of leading legal firms in the region, located in Chile, Colombia, Costa Rica, Ecuador, El Salvador, Spain, Guatemala, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Portugal and the Dominican Republic made up of more than 400 lawyers of proven qualification and professional excellence.