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13. Regulation: Paraguay

Argentina. For full detail on Argentina, go to The Argentine Thread.

Regulation in Paraguay: the horizontal rules every investor meets, whatever the sector. Covers competition law and merger notification before CONACOM, the new personal data protection law and its 2027 start, anti money laundering duties for banks and a long list of non financial businesses, the foreign bribery offences of 2019 and the environmental impact licence that gates most physical projects, each tied to the official text. Conduct and deals abroad, including in Argentina, are caught when they have effects in Paraguay; for the Argentine side see The Argentine Thread guide.

Investor view. Short statutes, fines indexed to the minimum wage, tacit approval when regulators miss their deadlines and a data law with a two year runway make Paraguay's compliance burden predictable and light enough for fast moving capital.

Regulation essentials in Paraguay: competition and merger control, data protection, anti money laundering, foreign bribery and environmental licencesParaguay regulates business through a short list of horizontal laws: competition and merger notification (Ley 4956/2013, CONACOM), anti money laundering (Ley 1015/1997 as amended in 2019 and 2022, SEP