Panama updates rules for international data transfers
The National Authority for Transparency and Access to Information (“ANTAI”) has issued Resolution No. ANTAI-DG-003-2026 dated March 26, 2026 (the “Resolution”), approving and implementing the use of the Ibero-American Data Protection Network (“RIPD”) Standard Contractual Clauses for international transfers of personal data. This initiative forms part of the ongoing development of the framework established by
Morgan & Morgan advised on one of the most significant capital markets transactions in the Central American and Caribbean energy sector
Morgan & Morgan acted as Panamanian legal counsel to Generadora de Gatún, S.A. (“Gatún”) in a landmark international bond issuance in an aggregate amount of US$1.05 billion, structured under Rule 144A / Regulation S. The issuance was registered with the Panamanian Superintendency of the Securities Market (Superintendencia del Mercado de Valores) and listed on the
Chambers & Partners 2026 Fintech Guide
Morgan & Morgan contributed to the Chambers & Partners Fintech Global Guide 2026. The Panama chapter was authored by partners Kharla Aizpurua O. and Roberto Vidal, senior associate Miguel Arias, and associate Eduardo Oteiza. In the Law and Practice section, the firm provides an overview of Panama’s fintech landscape, addressing the regulatory framework applicable to key business models
- Published in Eduardo Oteiza, Kharla Aizpurua, Miguel Arias publi, News, Roberto Vidal
International Data Protection Day: The Importance of Being Prepared in an Increasingly Demanding Regulatory Environment
Every 28 January marks International Data Protection Day, a date that invites reflection on the need to safeguard personal information in a world where digital risks are constantly increasing. In Panama, since the enactment of Law 81 of 26 March 2019 (“Law 81”) and its Executive Decree No. 285 of 28 May 2021 (“Executive Decree
- Published in News, Arantxa Fernandez Chang, Kharla Aizpurua, Perla Piña
Morgan & Morgan advised Banistmo Investment Corporation, S.A. on the financial closing of the Eastern Pan-American Highway Rehabilitation Project.
Panama, January 7, 2026. Morgan & Morgan advised Banistmo Investment Corporation, S.A. in its role as: (i) trustee of the guarantee trust for financing and (ii) trustee of the trust required under applicable regulations for the Eastern Pan-American Highway Rehabilitation Project. This Project is one of the most important public infrastructure projects currently underway in
- Published in Banking Law, expertise, Kharla Aizpurua, Miguel Arias_exp, Projects
Chambers & Partners 2025 Banking & Finance Global Guide
Panama, November 11, 2025. For the second consecutive year, Morgan & Morgan’s Banking & Finance team, this time comprised of Partner Kharla Aizpurua O., Senior Associate Monica Moreno, and Associate Eduardo Oteiza, has contributed to the Chambers & Partners Banking & Finance Global Guide 2025. In the “Law and Practice” section, we share expert insights into Panama’s financing market, exploring key topics such
- Published in Banking and Finance_news, Eduardo Oteiza, Kharla Aizpurua, Monica Moreno, News
Morgan & Morgan advised Grupo Estrella on the acquisition of Cemex Panama.
Panama, October 3, 2025. Morgan & Morgan acted as legal counsel to Grupo Estrella in the acquisition of Cemex Panama’s assets, a transaction valued at over US$200 million. The deal included the Cemento Bayano plant, located in Calzada Larga, Chilibre, with two integrated production lines, as well as cement, ready-mix concrete, and aggregates operations. Grupo Estrella,
- Published in expertise, Allen Candanedo, Angelica Ortiz, Arantxa Fernandez Chang, Banking and Finance_news, Corporate Services_news, David Ramos, Eduardo Oteiza, Intellectual Property_news, Jose Carrizo, Jose Rafael Reyes, Katia Pallares, Kharla Aizpurua, Litigation and Dispute Resolution_news, María Alejandra Rodríguez, Maria Brenes, Mergers and Acquisitions_news, Miguel Rodriguez, Milagros Caballero, Mónica Moreno, Raúl Bermúdez, Real Estate_news, Rodolfo Palma, Taxation_news, Yaneth Barrera
Morgan & Morgan outstands in Chambers Latin America 2026.
Panama, August 23, 2025. Once again, Morgan & Morgan consolidates its position as the leading law firm in Panama in Chambers Latin America Guide 2026, the key reference point of Latin American top law firms. The firm achieved 18 top individual rankings in 7 practice areas, the highest number for a Panamanian law firm. The
- Published in News, Allen Candanedo, Ana Castillo, Francisco Arias, Francisco Linares, Inocencio Galindo, Jazmina Rovi, Jose Carrizo, Juan David Morgan Jr, Kharla Aizpurua, Luis Raven, Luis Vallarino, Mayte Sanchez, Monica Moreno, Omar Rodriguez, Orlando Tejeira, Ramon Varela, Roberto Vidal, Rodrigo Arias
Chambers & Partners 2025 Fintech Global Guide: Panama
Panama, August 13, 2025. For the second consecutive year, our team comprised of partners Kharla Aizpurua O. and Roberto Vidal, and international associate Miguel Arias – had the honor of contributing to the Panama chapter of the Chambers & Partners 2025 Fintech Global Guide. In the “Law and Practice” section, our team provides a valuable analysis on fintech policies, business
- Published in Kharla Aizpurua, Miguel Arias publi, News, Roberto Vidal
Morgan & Morgan Ranked Among Top 10 Law Firms in Central America by Lexology Index 2025
Panama, June 10, 2025. Morgan & Morgan has once again been recognized as one of the top law firms in Central America, earning a place among the Top 10 firms in the Lexology Index Central America Report 2025 (formerly Who’s Who Legal). The firm also leads the Panama section with the highest number of individual recognitions for a Panamanian law firm. This
- Published in News, Albalira Montúfar, Allen Candanedo, Ana Castillo, Carlos Ernesto Gonzalez, Fanny Evans, Francisco Arias, Francisco Linares, Inocencio Galindo, Jazmina Rovi, Jose Carrizo, Juan David Morgan Jr, Kharla Aizpurua, Luis Manzanares, Luis Vallarino, Mayte Sanchez, Ramon Varela, Ricardo Aleman, Rishi Mungal, Rodrigo Arias, Simon Tejeira











