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Morgan & Morgan advised Mercantil Holding Financiero Internacional, S.A. in the acquisition of the remaining minority equity interest of Mercantil Capital, S.A. completing 100% ownership of Mercantil Banco, S.A.

Morgan & Morgan advised Mercantil Holding Financiero Internacional, S.A. (“MHFI”), in the acquisition of the remaining minority equity stake in Mercantil Capital, S.A. (“Mercantil Capital”), the holding company that owns 100% of the shares of Mercantil Banco, S.A. (“Mercantil Banco”). As a result of this transaction, MHFI consolidated full ownership of Mercantil Capital and, consequently,

Morgan & Morgan advised on the closing of Grupo Financiero BSC’s acquisition of Banistmo.

Morgan & Morgan acted as legal counsel to Grupo Financiero BSC (formerly, Inversiones Cuscatlán Centroamérica, S.A.) (“Grupo BSC”) and subsequently to Banco La Hipotecaria, S.A. (“Banco La Hipotecaria”), a member of Grupo BSC’s economic group, in connection with the closing of the acquisition of Banistmo, S.A. (“Banistmo”). The Firm advised on the transaction from the

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

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Global M&A Comparative Law Guide 2026

Morgan & Morgan contributed to the Global M&A Comparative Law Guide 2026, a publication produced by The Global Legal Post. The Panama chapter was authored by partners Francisco Arias and Roberto Vidal, and senior associate Mónica Moreno. The guide provides a clear, comparative analysis of the legal frameworks governing M&A transactions across key jurisdictions. Written by experienced

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

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Morgan & Morgan advised Inversiones Cuscatlán Centroamérica, S.A. on the acquisition of Banistmo, S.A.

Panama, December 19, 2025. Morgan & Morgan acted as legal counsel to Inversiones Cuscatlán Centroamérica, S.A. in connection with the execution of a promissory share purchase agreement, entered into by and between Grupo Cibest, S.A., as seller, and Inversiones Cuscatlán Centroamérica, S.A., as purchaser, for one hundred percent (100%) of the issued and outstanding shares

Morgan & Morgan advised Banco Davivienda Panamá on historic integration with Scotiabank in Panama.

Panama, December 1, 2025. Morgan & Morgan acted as legal counsel to Banco Davivienda Panamá in the successful closing of a landmark transaction involving the integration of Scotiabank Panamá’s operations (The Bank of Nova Scotia) into Banco Davivienda Panamá. This transaction extends beyond Panama, as Scotiabank’s operations in Costa Rica and Colombia will also be

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Morgan & Morgan advised Inversiones Cuscatlán Centroamérica S.A. on the acquisition of La Hipotecaria (Holding) Inc.

Panama, September 11, 2025. Morgan & Morgan acted as legal advisor to Inversiones Cuscatlán Centroamérica, S.A. (Inversiones Cuscatlán), as purchaser, in the closing of the transaction for the acquisition of 100% of the shares of La Hipotecaria (Holding), Inc., the holding company of Banco La Hipotecaria, S.A. and other operations in Colombia, El Salvador, and the

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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

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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