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Biden Administration Announces New Measures to Protect US Steel, Aluminum, and Shipbuilding Industries

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The Biden administration has announced a package of policy measures to protect the US steel, aluminum, and shipbuilding industries from what they allege are unfair trade practices by China and calling the industries critical...more

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Reforma a la Ley del Mercado de Valores en México

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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

Littler

México aumenta el Salario Mínimo

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El pasado 1 de diciembre de 2023, la Comisión Nacional de Salarios Mínimos (CONASAMI), acordó aumentar el salario mínimo general a $248.93 pesos diarios y $374.89 pesos diarios en la Zona Libre de la Frontera Norte, a partir...more

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Mexico Increases the Minimum Wage

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On December 1, 2023, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) agreed to increase the general minimum wage to $248.93 pesos per day and $374.89 pesos per day in the Free Economic Zone of the...more

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Mexican Government Restricts Importation of Certain Fuels and Petrochemicals into Mexico

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On October 23, 2023, the Mexican President published in the Official Gazette of the Federation a Decree under which the Mexican Government implements measures to combat the illicit trading of fuels, related to the importation...more

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México Publica Norma Oficial Mexicana NOM-037-STPS-2023: Teletrabajo-Condiciones de Seguridad y Salud en el Trabajo

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El 08 de junio de 2023, la Secretaría de Trabajo y Previsión Social publicó en el Diario Oficial de la Federación la Norma Oficial Mexicana NOM-037-STPS-2023 Teletrabajo-Condiciones de Seguridad y Salud en el Trabajo...more

Littler

Mexico Publishes New Standard for Telework Safety and Health Conditions

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On June 8, 2023, the Ministry of Labor and Social Welfare published the Official Mexican Standard NOM-037-STPS-2023 Telework-Safety and Health Conditions at Work (“NOM-037” or "Standard") in the Official Gazette of the...more

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Resumption of the legal terms in the Energy Regulatory Commission

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On March 1, 2023, the Resolution A/004/2023 of the Energy Regulatory Commission (Comisión Reguladora de Energía, "CRE") entered into force with the purpose of resuming the legal terms of the procedures carried out before said...more

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Mexico: Increase to the UMA Value Announced for 2023

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On January 9, 2023, Mexico’s National Institute of Statistics and Geography published the new values for the Updated Metric Unit (Unidad de Medida y Actualización, or UMA by its acronym in Spanish) that will take effect on...more

Littler

México: Incremento al valor de la Unidad de Medida y Actualización (UMA) para el 2023

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El 9 de enero de 2023, el Instituto Nacional de Estadística y Geografía (INEGI) publicó los nuevos valores para la Unidad de Medida y Actualización (en adelante “UMA”) que entrarán en vigor el 1 de febrero de 2023, de acuerdo...more

Hogan Lovells

Financial entities must update their financial credentials and institutional keys before the CONDUSEF

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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

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Mexico’s Ministry of Labor and Social Welfare Issues Rules Changing PROFEDET’s Focus to Mediation

On August 31, 2022, the Ministry of Labor and Social Welfare issued a regulation changing the Federal Attorney General’s Office for the Defense of Labor (Procuraduría Federal de la Defensa del Trabajo, known as PROFEDET) to...more

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Preliminary draft of new provisions on the retailing (expendio) of petroleum products

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On August 1, 2022, the Energy Regulatory Commission ("CRE") published a preliminary draft of new "General administrative provisions that establish the requirements for the submission of applications for permits,...more

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SPEI 2.0 – New Regulation for Indirect Participants

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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

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Amendments to Mexico’s Federal Labor Law

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On April 28, 2022, two decrees were published in the Official Gazette of Mexico amending several articles of the Federal Labor Law. The first decree establishes the employer’s obligation to grant employees the necessary...more

Littler

Reformas a la Ley Federal del Trabajo

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El 28 de abril de 2022 se publicaron en el Diario Oficial de la Federación dos decretos mediante los cuales se reforman diversos artículos de la Ley Federal del Trabajo...more

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Mexico: New defense procedure against inclusion in Blocked Persons List

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On March 11, 2022, a reform to the Mexican Banking Law (Ley de Instituciones de Crédito) was published in the Federal Official Gazette (Diario Oficial de la Federación) in order to provide a new procedure for the defense of...more

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Littler Global Guide - Mexico - Q4 2021

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Mexico Increases the General Minimum Wage - New Order or Decree - On December 1, 2021, the National Minimum Wage Commission (CONASAMI for its acronym in Spanish) agreed to increase Mexico’s general minimum wage to $172.87...more

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U.S. Shippers and Intermediaries take note: New Requirements for Transportation Services provided within Mexico

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Tax Authorities in Mexico have issued new requirements for tax documentation for the transport of cargo within Mexico. Carriers operating in Mexico are required to issue a digital Income or Transfer Invoice (in Spanish,...more

Littler

Mexico Increases the General Minimum Wage (UPDATED)

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On December 1, 2021, the National Minimum Wage Commission (“CONASAMI” for its acronym in Spanish) agreed to increase Mexico’s general minimum wage to $172.87 Mexican pesos per day, and $260.34 Mexican pesos per day in the...more

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Secondary Fintech regulations related to e-money Institutions (IFPEs)

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On January 28, 2021, the Mexican Central Bank and the National Banking and Securities Commission ("CNBV"), published in the Federal Official Gazette the "General regulations applicable to e-money Institutions pursuant to...more

Holland & Knight LLP

Mexico's New Home Office Regulations

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Mexico has reformed its Federal Labor Law to recognize teleworking, regulating employers' responsibilities to employees who work from home offices as well as remote workers' obligations to their employers. Key aspects of this...more

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Recent Import and Export Regulations in Mexico Double Down on Favoritism of Pemex

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In the final days of December, Mexico issued new regulations that limit the ability of private companies to import and export fuel and hydrocarbons. Then, in the first week of this year, Mexico’s President, Mr. Lopez...more

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Regulatory Program 2020 issued by Energy Regulatory Commission

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On July 29, 2020, the Board of Commissioners of the Energy Regulatory Commission ("CRE") approved the "Regulatory Program 2020" (the "Regulatory Program") by means of Resolution No. A/024/2020. The Regulatory Program is a...more

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Resolution whereby the Mexican National Hydrocarbons Commission establishes several measures in order to promote the development...

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On August 3, 2020, the National Hydrocarbons Commission (the "CNH") published through the Federal Official Gazette, the resolution whereby the CNH establishes several measures in order to promote the development of petroleum...more

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