The initiative, which envisages some important changes aimed at making the Mexican stock market more flexible, must continue its legislative passage and may undergo amendments before being definitively approved.
On April 28, 2023 the Mexican Senate approved a legislative reform that modified the Mining Law, the Territorial Waters Law and other related environmental laws, proposing major changes to the mining and territorial waters concessions regime.
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.
On March 24, 2023 the Federal Executive Branch submitted before the lower chamber of the Mexican Congress an initiative to reform, add and repeal various laws and provisions which could potentially affect procurement contracts with governmental entities as well as administrative permits and concessions.
The firm tops the LACCA/Latin Lawyer ranking of law firms advising the 50 biggest banks in Latin America.
On March 28, 2023 the Mexican president sent to the lower house of the Mexican congress an initiative aimed at reforming the Mining Law, the Territorial Waters Law and other related environmental laws, proposing major changes to the mining and territorial waters concessions regime.
In recent years, the number of infrastructure projects in the energy sector in Latin American countries has increased, and therefore, the possibility of disputes arising relating to them. In this article we discuss primarily dispute resolution clauses and the key points to be taken into account when agreeing on them.
In this article we look at the current working hours and those under discussion in Chile, Colombia, Peru and Mexico, and their implications on productivity levels.
During 2022, the shock of the pandemic began to recede. Following a period in which Latin American governments focused on the delicate balance required to address the sectors hit the hardest by the health crisis without sacrificing fiscal discipline, some Latin American countries experienced political changes, including some turbulence, that dictated the pace and the agenda of reforms in the fiscal sphere as well. In this document, our tax experts analyze the tax changes announced and enacted in 2022 in Chile, Mexico, Peru, Colombia, Argentina and Uruguay.
During the development and operation of multinational enterprises, in some cases and for a number of reasons (strategic, market, risk, among others), they are faced with the need to explore alternatives for changing or transferring their registered office to a different jurisdiction. This process, commonly known as “cross-border redomiciliation”, consists precisely of the act whereby a company decides to transfer its domicile abroad without first undergoing a liquidation process or a business reorganization such as an international spin-off or merger.