The Constitutional Law Committee (Comisión de Puntos Constitucionales de la Cámara de Diputados or CPC) of Mexico's House of Representatives (Cámara de Diputados), on July 25, 2024, published a schedule to analyze and approve...more
The Mexican Congress has approved a bill regarding promissory notes, negotiable instruments and other financial transactions using electronic means. On March 26, 2024, a decree was published in the Official Journal of the...more
4/3/2024
/ Certificate of Deposit ,
Covered Transactions ,
Cryptoassets ,
Cryptocurrency ,
Digital Signature Standards ,
E-Signatures ,
Effective Date ,
Financial Instruments ,
Financial Transactions ,
FinTech ,
Mexico ,
New Legislation ,
Securities Transactions ,
Uniform Commercial Code (UCC)
La Cámara de Diputados y el Senado de México aprobaron reformas a algunas leyes relacionadas con instituciones de crédito, mercado de valores y fondos de inversión. La Cámara de Diputados de México aprobó reformas a la Ley de...more
El Banco de México (Banxico), el 13 de abril de 2023, publicó en el Diario Oficial de la Federación la Circular 3/2023 dirigida a Instituciones de Crédito y Sociedades Financieras de Objeto Múltiple Reguladas relativa a las...more
On May 20, 2021, Mexico's Congress published reforms to the Civil Aviation Law to better align the nation's air transport industry with the regulatory requirements of international treaties and to comply with the...more
The Mexican Senate voted on May 6, 2021, to approve a bill to reform various provisions of the General of Negotiable Instruments and Credit Transactions (Ley General de Títulos y Operaciones de Crédito or LGTOC), the Federal...more
On April 20, 2021, the Mexican Energy Commission of the Chamber of Representatives (Comisión de Energía de la Cámara de Diputados) held an extraordinary session to present and approve on the same day a bill to reform the...more
After approval from the Mexican Energy Commission of the Chamber of Representatives (Cámara de Diputados), the country's lower house of congress approved on April 14, 2021, the bill to reform the Hydrocarbons Law (Ley de...more
On March 26, 2021, Mexico's president submitted to the Chamber of Representatives (Cámara de Diputados) a bill to reform the Hydrocarbons Law (Ley de Hidrocarburos or LH) (the LH Reform) that favors the state-owned company,...more
The House of Representatives (Cámara de Diputados) of Mexico on March 10, 2021, voted to approve the Federal Law for Cannabis Regulation (Ley Federal para la Regulación del Cannabis), a bill that would legalize and (to some...more
The Mexican Congress passed the bill to reform and amend the Electric Industry Law (Ley de la Industria Eléctrica or LIE) that was submitted by the Office of the President on Feb. 1, 2021. Congress made no relevant changes to...more
Mexico will regulate payroll loan agreements with automatic employer deduction. To this end, on Feb. 18, 2021, the Mexican Senate approved a bill in order to reform provisions under the General Law of Negotiable Instruments...more
The Mexican government has introduced a bill that seeks to reform the electricity market in Mexico in order to favor the Federal Electricity Commission (Comisión Federal de Electricidad o CFE), the state-owned utility...more
The Mexican government announced a US$145 million (MX$300 billion) infrastructure investment plan together with private sector companies. The announcement was a follow-up to the broader national infrastructure plan announced...more
Central banks and regulators continue preparing for the Libor (London Interbank Offered Rate) cessation expected by the end of 2021. Both the Sterling Risk-Free Reference Rates Working Group (RFR WG) convened by the Bank of...more
The Second District Court in Administrative Matters Specialized in Economic Competition, Broadcasting and Telecommunication matters in Mexico issued a temporary order to stay the application of the National Energy Control...more
Mexico's Central Bank [Banco de México (Banxico)] has issued provisional measures under Regulation 8/2020 (Circular 8/2020) related to proceedings, fines and obligations applicable to Mexican financial institutions under the...more
According to the Mexican Constitution, Mexico's Consejo de Salubridad General (the National Health Council) is the governmental body authorized to declare the COVID-19 pandemic a national sanitary emergency on the grounds of...more
Reformas a la Ley General de Sociedades Mercantiles (LGSM) entrarán en vigor el 14 de diciembre de 2018. Las sociedades mexicanas (incluyendo subsidiarias mexicanas de entidades extranjeras con actividades en México) deben...more
9/5/2018
/ Amended Legislation ,
Business Ownership ,
Confidential Information ,
Cross-Border Transactions ,
Electronic Filing ,
Foreign Subsidiaries ,
Limited Liability Company (LLC) ,
Mexico ,
Publication Requirement ,
Shareholders ,
Stock Corporations ,
Transfer of Interest
Amendments to the General Law of Business Organizations (Ley General de Sociedades Mercantiles, or LGSM) will enter into force on Dec. 14, 2018. Mexican companies (including Mexican subsidiaries of U.S. and other foreign...more
9/5/2018
/ Amended Legislation ,
Business Ownership ,
Confidential Information ,
Cross-Border Transactions ,
Electronic Filing ,
Foreign Subsidiaries ,
Limited Liability Company (LLC) ,
Mexico ,
Publication Requirement ,
Shareholders ,
Stock Corporations ,
Transfer of Interest
The Hydrocarbon National Commission, or Comisión Nacional de Hidrocarburos (CNH), published on Dec. 17, 2015, the call for the fourth international public bid for Round One, as part of the implementation of Mexico's energy...more
Mexico's National Center for Energy Control (CENACE) on May 13, 2016, published the Bidding Guidelines for the second long-term power auction (SLP) in Mexico, seeking to award power purchase agreements (PPA) to clean energy...more
Mexico's National Center for Energy Control (CENACE) on April 29, 2016, published its call to bid for the second long-term power auction in Mexico, seeking to award power purchase agreements (PPAs) of 15 to 20 years,...more
Mexico's National Center for Energy Control (CENACE) launched the first long-term power auction in the country's history in November 2015. The auction was mainly targeted to clean energy producers, with 73 percent of the...more