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)
Se publicó en el Diario Oficial de la Federación, el 28 de diciembre de 2023, el decreto por el que se reforman, adicionan y derogan diversas disposiciones de la Ley del Mercado de Valores y de la Ley de Fondos de Inversión...more
La reforma a la Ley del Mercado de Valores fue aprobada por el Senado de la República el 29 de abril de 2023 y posteriormente aprobada por la Cámara de Diputados el 15 de noviembre de 2023. Aún no ha sido publicada en el...more
El Banco de México (Banxico), el 2 de junio de 2023, publicó un comunicado de prensa relacionado con la transición de la Tasa de Interés Interbancaria de Equilibrio (TIIE) en moneda nacional a plazos mayores a un día hábil...more
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
Se publicó en el Diario Oficial de la Federación el 17 de abril de 2023 la resolución que modifica las disposiciones de carácter general aplicables a las instituciones de crédito la cual entrará en vigor el 1 de octubre de...more
Mexican President Andrés Manuel López Obrador sent a draft bill on Dec. 15, 2022, to the Chamber of Deputies pursuing an amendment of the Airports Law and the Civil Aviation Law. The objective of the bill is to grant more...more
Mexico had midterm elections in June 2021 at the federal level (House of Representatives), and state and municipal elections for several entities (representatives, governors and majors). The dates for changes of...more
9/17/2021
/ Creditors ,
Debt Restructuring ,
Debtors ,
Federal Electricity Commission (CFE) ,
Mexico ,
Mexico Supreme Court of Justice ,
Project Finance ,
Public Projects ,
Refinancing ,
State and Local Government ,
State Elections
The Mexican government presented a civil lawsuit on Aug. 4, 2021, in the U.S. District Court for the District of Massachusetts against a number of U.S. gun manufacturers seeking: 1) damages and monetary compensation to...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
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
En la Gaceta de la Ciudad de México el pasado 21 de diciembre de 2020, se publicó un decreto, el cual indica que se adiciona el artículo 156 Bis al Código Fiscal de la Ciudad de México, es decir, se establecen obligaciones en...more
In October 2020, the Mexican government announced a $14.2 billion (MX$300 billion) infrastructure investment plan together with private sector companies for 29 projects as part of the Economic Recovery Agreement (Acuerdo para...more
12/8/2020
/ Critical Infrastructure Sectors ,
Economic Development ,
Energy Sector ,
Infrastructure ,
Mexico ,
Natural Gas ,
Ports ,
Public Private Partnerships (P3s) ,
Public Projects ,
Roads ,
United States-Mexico-Canada Agreement (USMCA) ,
Water Projects
Mexico's Senate has approved a bill for the issuance of the Federal Law for the Regulation of Cannabis (Ley Federal para la Regulación del Cannabis or LFRC), and for the amendment and addition of several provisions to the...more
El Ejecutivo de México presentó la Iniciativa de reforma el 12 de noviembre de 2020, ante Cámara de Diputados, para reformar diversas leyes en el tema de la subcontratación. El objetivo principal es evitar la evasión fiscal y...more
El lunes 19 de octubre de 2020, la Cámara de Diputados en México aprobó el proyecto de dictamen que reforma la Ley de Disciplina Financiera de las Entidades Federativas y los Municipios. La intención de dicha reforma es...more
The First Chamber of the Supreme Court of Justice of Mexico issued on Oct. 9, 2020, a jurisprudence that clarifies a recent contradiction of precedents regarding actions based on negotiable instruments. Under Mexican law, the...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
A decision rendered on Aug. 20, 2020, by an investor-state dispute settlement (ISDS) tribunal in the Portigon AG v. Kingdom of Spain arbitration (ICSID Case No. ARB/17/15) is welcome news for investment funds and banks active...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
Amid the medicine and medical equipment shortages caused by the COVID-19 pandemic, Mexican President Andrés Manuel López Obrador stated that the supply of medicines in Mexico has been complicated, and therefore a purchase...more
On July 29, 2020, due to the COVID-19 pandemic, the plenary session of the Mexican Chamber of Deputies approved the reform to the Public Sector Acquisitions, Leasing and Services Law (Ley de Adquisiciones, Arrendamientos y...more