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The latent risk of third parties

In today’s reading we will talk about third party risk, something that every company is exposed to, due to the relationship it may have with partners, suppliers, investors or contractors, to name a few. Unfortunately, any relationship with third parties involves a risk factor, so it is important to be able to mitigate them in […]

Benefits of implementing a Compliance program in our company.

As we could see in our previous reading, compliance has to do with procedures to avoid non-compliance, irregularities and infractions within organizations and implies complying with legal and regulatory requirements, in order to have a responsible company. The application of compliance in companies goes hand in hand with transparency in operations and good practices, in […]

Compliance and responsible corporate culture

The concept of Regulatory Compliance is aimed at ensuring that companies develop in an environment of respect for the regulations and internal procedures established in a company, but it has also proven to be extremely useful in public administration, in relation to integrity and transparency. Although the term Compliance may seem new, the reality is […]

The impact of green bonds on the Guatemalan economy

To make the transition to a sustainable economy in countries such as Guatemala, the correct channeling of resources to projects that are sustainable and profitable is needed. These investments will be essential to promote and strengthen sectors or companies that focus exclusively on this transition. In this sense, the creation of green bonds by the […]

Green Bonds: the best investment in the planet

A little over a year ago, Corporación Multi Inversiones -CMI- announced the placement of US$1 billion in green bonds and a syndicated loan. This placement is the largest in Central America and the Caribbean by a 100% renewable energy company. In this way CMI Energía made its debut in international markets. CMI Energía is a […]

Tax privileges in a third world country

If fiscal privileges were eliminated in Guatemala, at least one year’s budget could be financed. According to reports from the Superintendence of Tax Administration, SAT has not collected these taxes for 9 years, which amounts to 123,204 million Quetzals, which could cover a year’s budget. These preferential treatments consist of exemptions, deductions, credits, reduced rates […]

Water saving tips

Savings on utilities, both water and electricity, are still possible. With gas we only prolong the inevitable. With the cellular rate, the best thing to do is to get a cheaper plan. Water care is everyone’s responsibility. Although the tariff is an assault between low consumption and a quadruple payment for sewer maintenance, which is […]

Does the time change serve to save energy?

Much fuss has been made in northern countries such as the United States, Mexico and Europe about the time change for the spring season. April and November are difficult months for people because of the time change. People’s biorhythm is abruptly altered by such a disposition. Less sleep and different eating schedules put a strain […]

War: a blow to the economy

Undoubtedly inflation will be the first blow to be faced because of this armed conflict between Russia and Ukraine in a utopian attempt by Russian President Vladimir Putin to return his country to its maximum splendor as the Union of Soviet Socialist Republics; the USSR. As crazy as it sounds, Putin does not fit into […]

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