Mario Ayala



Mario Ayala

Born 1965

Universidad Centroamericana José Simeón Cañas (UCA), Law Degree 1989.
Authorized Supreme Court of Justice, Notary Public in 1990. Universidad de Salamanca, España, Commercial Law 1997. Universidad de Georgetown-INCAE, Legal Advice in International Business 2000. Seminars and Courses: International Contract Law, Fusades; International Commerce Law, Fusades; Central American Securities Seminar, Panamá and Dominican Republic; Modern Financial Operations, Asociación Salvadoreña de Derecho Bancario; International Financial Credit Seminar, Tayasal. 

Founder Member of Commercial Law Association; Founder Member of  Financial Law Association of El Salvador; Legal Committee of the Salvadorian Banking Association Ex-President. 

Partner at Sfera Legal El Salvador, (2018-present), Founder Partner at Ayala & Betancourt (2012-2018). Managing Partner at Romero Pineda & Asociados Law Firm (2006-2012). Sub Manager at Banco Salvadoreño and Legal Manager of “Banco Desarrollo” (1990-2006). Experience in Judicial Authorities as a Legal Collaborator for a San Salvador Judge (1984-1990). Member of the Board of Directors of Aseguradora Mundial S.A. (2010-2012). Member of the Board of Directors of Aseguradora StateTrust El Salvador, and Aseguradora StateTrust Life El Salvador (2015-present). Managing Lawyer at Industrial El Salvador Bank (capital Guatemala), Banco Azteca (capital Mexico), Aseguradoras StateTrust Daños y Aseguradora StateTrust Vida (capital USA).

meet the rest of us

Want to know why we excel in what we do? Check the services we provide as a team.

Regulatory Compliance

Specialized counseling in compliance and corporate governance: compliance verification, due diligence processes, anticorruption evaluation, corporate compliance planning and supervision, corporate risk prevention. We have vast experience in risk management and provide a specialized advisory focused on legal and regulatory compliance for regulated sectors, according to each applicable legislation.
Ethical investigations and installation of a proper system for Claim’s Management.
Counseling on the application and interpretation of the Foreign Corrupt Practices Act (FCPA) Law.
Audits in compliance of administrative policies and Human Resources.
Preparation of ethical codes periodical revisions and support in the correct application by employees.
International norm counseling related to the FCPA Law and money laundering: constant updates and proper application.

• Registry of natural persons and/or corporations in compliance with Law 8204 and its bylaws.
• Elaboration of guidelines for legal compliance and manuals on compliance procedures for anti-money laundering.
• Due diligence preparation and elaboration of reports in order to comply with the resolution regarding the Registry of Transparency and Final Beneficiaries, to be made before the Central Bank.
• Corporate amendments to comply with the Corporate Governance Voluntary Code and other mandatory corporate governance guidelines; according to each specific entity and its business activity.
• Drafting of corporate governance codes.
• Elaboration of family protocols and all related matters to Family Planning and Family Offices.