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:
Legal entities may participate as shareholders of companies providing security services, provided that their shares are registered.
Among the administrative sanctions against companies which violate the law is the cancellation of their operating license.
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Starting in September, a new regulation will take effect which among other thing, establishes mandatory certification of the company by the Ministry of Interior.
Companies that do not have such certification may be charged with unlawful delivery of service, with a punishment of between 6 and 12 years in prison and a fine of Q100 thousand ($12,652 at current exchange rates).
Since September 5new regulations have been in effect in Guatemala which, among other things, establishes mandatory certification for companies by the Ministry of Interior.
On the topic of the implementation of the new regulations, the journalist Alexis conducted an interview Elperiodico.com.gt with Rafael Donis, chief of the Directorate General of Private Security Services.
With an investment of $8 million the Swedish company Securitas has acquired the private security firm CSS.
The transnational company, with operations in forty-nine countries, plans to expand from Costa Rica to the Central American market.
According to an article in Nacion.com, "Eric Koberg, manager of Securitas Costa Rica, says on their website ‘Securitas has analyzed the different markets and found an adequate legal framework in the country as well as social, political and economic stability."
A total of 120,000 private security guards perform security duties in Guatemala, five times the total number of police officers.
The NGO Public Safety Instance Monitoring and Support, which monitors the country's security policies, is concerned by the situation.
Veronica Godoy, delegate of the NGO, said the figures place Guatemala as the country with the greatest disparity between private security guards and state police.