The European Parliament approves the Directive on Greenwashing
The new European regulation, which aims to prevent unfair commercial practices, will have to continue its process before the Council of the EU for its final approval and its subsequent publication in the Official Journal of the European Union.Spain: The public consultation period has begun for the draft bill regulating the corporate reporting framework on environmental, social and governance issues
The Council of Ministers agreed, on 3 May 2023, to initiate this procedure, which will be available until 25 May, to ensure that those interested in the text of the preliminary draft can make their contributions.Mexico: Legal reform to government procurement policies, oversight of public expenditure, and public tenders for the sale of national goods
On April 28 th 2023, the Mexican Senate approved a legislative reform granting the Ministry of Public Function (SFP) powers and authority to concentrate the planning, conduction and surveilling of the procurement of goods, services and public works of all of the federal government entities and agencies, except for Pemex, CFE, the Army and the Navy. Likewise, it was approved an amendment to the National Assets General Law in order to add new rules applicable to public tenders for the sale of federal real estate.