Key takeaways As a result of a recently approved constitutional reform, Mexico extinguishes its current Data Protection Authority and appoints a new one. On December 20, 2024, the decree by which the INAI and 6 other...more
El pasado 28 de agosto de 2024, la Secretaría de Hacienda y Crédito Público (“SHCP”) publicó la “Resolución que reforma, adiciona y deroga diversas de las Disposiciones de carácter general a que se refiere el artículo 115 de...more
On 28 August 2024, the Ministry of Finance and Public Credit (“Secretaría de Hacienda y Crédito Público – ‘SHCP’”) published the ‘Resolution that amends, adds and repeals several of the General Provisions referred to in...more
El 20 de octubre de 2023 se reformó la Ley General de Sociedades Mercantiles a efecto de permitir la celebración de asambleas de socios y/o accionistas y de los órganos de administración de manera remota y a través de medios...more
On October 20, 2023, the General Law of Commercial Companies was amended to allow that partners and/or shareholders meetings and board meetings be held remotely and through electronic means....more
El pasado 19 de abril, fue presentado ante la Comisión de Hacienda y Crédito Público del Senado de la República, para su revisión y discusión el proyecto de iniciativa de reforma a la Ley del Mercado de Valores (LMV)....more
El 17 de abril de 2022, la Comisión Nacional Bancaria y de Valores (la “CNBV”) publicó en el Diario Oficial de la Federación (“DOF”) modificaciones a las Disposiciones de Carácter General aplicables a las Instituciones de...more
A partir del 3 de marzo de 2023, las instituciones financieras bajo la supervisión del Banco de México deben adecuar sus comisiones al catálogo de comisiones publicado por el banco central....more
El Banco de México emitió un comunicado en el que anuncia que prohibirá a las entidades financieras el uso de tasas de interés de referencia para plazos mayores a 1 día hábil bancario a partir de 2024....more
The Mexican Central Bank issued a press release announcing that it will ban financial entities from using benchmark interest rates for terms greater than 1 banking day as of 2024....more
On October 14, 2022, the CONDUSEF issued new general provisions applicable to all financial institutions in order to standardize reporting obligations, reduce deadlines, and increase the obligations of financial institutions....more
New rules the Mexican electronic-transfer system known as SPEI were published on March 23, 2022 affecting fintech companies and smaller players that indirectly connect to this system through other bigger financial...more
A partir de 1 de enero de 2022 las entidades legales en México deberán implementar procedimientos internos para obtener y conservar, como parte de los registros contables, la información de sus Beneficiarios Controladores....more
Effective January 1, 2022, legal entities in Mexico must implement internal procedures to obtain and keep, as part of the accounting records, the information of their Beneficial Controllers....more
Join Hogan Lovells Finance and Litigation and Employment practice groups on Wednesday, 10 June for a webinar on Mexican insolvency proceedings.
Program topics will include:
- Automatic stay and provisional relief.
-...more
5/28/2020
/ Automatic Stay ,
Chapter 11 ,
Commercial Bankruptcy ,
Employer Liability Issues ,
Employment Litigation ,
Energy Sector ,
Financing ,
Insolvency ,
Mexico ,
Tax Liability ,
Webinars
Overview -
Numerous regulatory developments were enacted or proposed in the United States and the European Union in response to the financial crisis. Although some of the proposed changes are still in the process of being...more
2/24/2020
/ Alternative Investment Fund Managers Directive (AIFMD) ,
Capital Markets ,
Capital Requirements Regulation (CRR) ,
CRA ,
CRD IV Directive ,
Dodd-Frank ,
EU ,
Risk Retention ,
Securitization ,
Securitization Market ,
Securitization Standards
The Netherlands -
Breach of an accountant’s duty of care does not always lead to civil liability -
In the period of 2001-2002, two accountants drafted a company’s financial statements at the request of the owner who...more
11/8/2019
/ Accountant Malpractice ,
Accountants ,
Accounting ,
Accounting Standards ,
Civil Liability ,
Confidential Information ,
Constitutional Challenges ,
Corporate Misconduct ,
Criminal Prosecution ,
Duty of Care ,
International Tax Issues ,
Local Ordinance ,
PCAOB ,
Professional Liability ,
Standard of Care ,
Tax Advice
According to the Constitution of Mexico, the protection of personal data is a fundamental right of all Mexican citizens. Under federal law, individuals also have a right to access, change, oppose, or suppress their personal...more