Paraguay’s Chamber of Deputies approved a bill requiring original credit instruments to be deposited with the courts and returned to the debtor after the debt is paid, aiming to combat the scheme known as the ‘Promissory Note Mafia.’ However, the final version excluded electronic promissory notes, contrary to a recommendation from the Supreme Court. A second bill, imposing a 20% fine on creditors who fail to return documents within five days, passed in general and will be reviewed article by article next week.
Projeto De Lei
The Paraguayan Senate's Committee on Science, Technology, Innovation and the Future approved the unification of proposals from the Executive and the Chamber of Deputies to tighten the ban on cell phones and electronic devices in public, private, and subsidized schools throughout the school day, with exceptions for emergencies, authorized pedagogical activities, and students with disabilities. The text now moves to the floor for consideration.