Regulation of the State Contracting Law 2020.
Resolution of June 9, 2021, of the Directorate General of the Treasury and Financial Policy, publishing the Agreement between the Commission for the Prevention of Money Laundering and Monetary Offenses and the Directorate General of Insurance and Pension Funds, for the coordination of their respective actions in matters of supervision and inspection.
Agreement between the Commission for the Prevention of Money Laundering and Monetary Offenses and the Directorate General of Insurance and Pension Funds for the coordination of their respective supervisory and inspection activities.
In particular, the Executive Service of the Commission for the Prevention of Money Laundering and Monetary Offenses (hereinafter, the Executive Service of the Commission) is the authority that has been attributed, among others, the competence to supervise the obligations established in Law 10/2010, of April 28, and may carry out the necessary inspections of any obligated parties to verify compliance with the obligations related to the functions assigned to it (article 45.4.f) and 47.1 of Law 10/2010, of April 28).
Royal Decree 417/2014, of June 6, amending Royal Decree 437/2010, of April 9, which develops the regulation of the securitization process of the electricity system deficit.
Royal Decree 437/2010, of April 9, which develops the regulation of the securitization process of the electricity system deficit, develops sections 5 and 6 of the twenty-first additional provision of Law 54/1997, of November 27, of the Electricity Sector, regarding the assets and liabilities of the Electricity System Deficit Securitization Fund, hereinafter “the Fund”.
Through this amendment to Royal Decree 437/2010, of April 9, 2010, the procedure for the selection of financial entities to direct the placement of the financial instruments issued by the Fund is streamlined. In the current market context in which issuers compete to raise funds in the capital markets, it is necessary to provide the Fund with flexibility in its capacity as issuer, so that it can efficiently take advantage of issuance opportunities that arise. This amendment reduces the time required to select the placement entities by transferring the power to open the process and set the selection criteria from the Interministerial Commission, which is responsible for ensuring the correct fulfillment of the conditions under which the tasks of the Management Company must be executed, to the General Secretariat of the Treasury and Financial Policy, which will pre-select the entities on the basis of the technical and economic criteria set out in the Royal Decree. However, the Interministerial Commission will continue to be the competent body for the resolution of the selection process, and will be responsible for the final selection of the placement entities on the basis of the pre-selection made by the General Secretariat of the Treasury and Financial Policy.
Regulation of the State Contracting Law 2021
Article 3 of the State Contracting Law delimits the scope of application of the State Contracting Regulations, taking into consideration two criteria: a subjective one, referring to the parties that must adapt their actions to the provisions of such regulations; and an objective one, referring to the actions that are under its scope.
Yes, the cases excluded from the scope of application of the Government Procurement Law are established in articles 4 and 5 of the aforementioned law. In this regard, it is important to point out that the cases included in Article 5 are subject to supervision.
The Annual Procurement Plan is a management tool for planning, executing and evaluating procurement, which is coordinated with the Institutional Operating Plan and the Institutional Budget of the Entity.
The PAC that is approved must provide for the procurement of goods, services and works covered by the Opening Institutional Budget, regardless of whether they are subject to the scope of application of the Law or not, and regardless of the source of financing.
Supreme Decree n° 344-2018-ef
The administrative dynamics of the Ministry is structured as a comprehensive management scheme, according to which the different areas (mission, strategic, support, and monitoring and evaluation) converge harmoniously in the achievement of institutional tasks, based on the recognition of the different roles and the fact that each of them is a bastion for efficient, timely and quality management.
Given the dynamic nature of contracting and the new technologies that have contributed to a more efficient, transparent and inclusive management of the Administration, this Manual has been updated to be able to be articulated with new forms of contracting such as Price Framework Agreements, Minimum Amount Agreements for Large-Scale Purchases and other demand aggregation instruments, and includes new guidelines to operate the Ministry’s contracting through the SECOP II transactional platform provided by the Colombia Compra Eficiente Agency.