Regulation of Private Security Firms in Nicaragua

A bill aims to grant operating licenses every five years, categorizing companies according to the type of service they provide and to create a National Registry for Private Security Companies.

Monday, November 17, 2014

This bill seeks to regulate the 160 companies that offer the service nationwide and the companies that provide this service without any commercial purpose and to establish, among other things, to ensure the amounts collected from fees by these companies will be used to strengthen the National Police force.

Elnuevodiario.com.ni reports that "... The legislation also creates the National Registry of Private Security, in which natural or legal persons providing private security services will have to be registered. This register will also record the ups and downs of private security personnel, as well as users of private security; violations by service providers; and authorized uniforms, using models and photographic archives. "

'... Chapter III discusses the procedures for private security and identifies six types. One is physical surveillance, personal protection - which can be commercial, industrial, residential or home based-- or for public events.Then there is the protection of goods -which includes administration--, land, air, water and cross borders transport, and custody of goods. "



More on this topic

Panama: Another Attempt to Regulate Private Security

August 2015

The Security Ministry is preparing a bill to regulate the activity of the 183 companies registered as providers of security services in the country.

The new proposal builds on part of Law 56 of June 11, 2010, which was repealed and the bill 577 presented in 2014 by the Martinelli administration which barely reached a second reading in the National Assembly.

Costa Rica: Private Security Grows Octopus Style

September 2014

Limits to the number of contracted officers and other legal conditions are forcing large security companies to create smaller subsidiaries dedicated to providing services in specific areas.

So far this year 145 new security companies have registered with the Ministry of Public Security, about the same number of new businesses created during 2013, when there were 150.

The Private Security Business in Costa Rica

May 2014

Between 2003 and 2013 the number of registered services to provide private security companies increased 13 times.  

A report by the Comptroller General of the Republic specifies that added to companies providing security services are also individuals registered as agents, which to date amounts to 29,582 people.

Guatemala: New Rules for Security Firms

November 2010

The new law establishes requirements for recruitment and requires companies to provide employee benefits.

It creates the General Department of Private Security Services under the Ministry of Interior, who will be responsible for overseeing the companies.

Sigloxxi.com details the contents of the new law:

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