BGBG
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FINANCE AND BANKING / by Miguel Gallardo Guerra On October 30, 2025, the National Banking and Securities Commission (CNBV) published on its official website the draft “General Provisions Applicable to Payment Networks”, currently under public consultation. This project, developed in coordination with the Bank of Mexico (Banxico), seeks to transform the regulation of the card …
FINANCE AND BANKING / by Miguel Gallardo Guerra Artificial intelligence is rapidly transforming how financial institutions manage operations, risks, and compliance processes. From systems that detect suspicious transactions in real time to decision engines for credit scoring, AI is becoming a strategic tool in regulatory compliance. However, its use raises questions that go beyond technology …
FINANCE AND BANKING / by Miguel Gallardo Guerra The emergence of blockchain technology has introduced new legal concepts that challenge traditional structures. One of the most discussed is the smart contract, an agreement that self-executes when predefined conditions are met. In theory, a smart contract removes the need for intermediaries, reduces transaction costs, and improves …
FINANCE AND BANKING / by Miguel Gallardo Guerra Since the enactment of the Law to Regulate Financial Technology Institutions, published in the Federal Official Gazette on March 9, 2018 (the “Fintech Law”) in Mexico, the so-called Innovative Model, through which financial services may be provided using technological tools or means, under modalities different from those …
FINANCE AND BANKING / by Miguel Gallardo Guerra The implementation of electronic Know Your Customer (e-KYC) processes has revolutionized how financial institutions onboard their users. Thanks to biometric technologies, such as facial recognition or fingerprint validation, verifying a customer’s identity now takes just seconds, without needing to visit a physical branch. This efficiency, however, must …
FINANCE AND BANKING / by Miguel Gallardo Guerra The adoption of technology in compliance processes is no longer optional for financial institutions — it’s a strategic necessity. In a fast-evolving regulatory landscape, where authorities demand traceability, immediacy, and transparency, automation has become essential to ensure effective and efficient compliance. From our experience at bgbg firm, …
FINANCE AND BANKING / by Miguel Gallardo Guerra The digital acceleration of the financial sector has radically transformed regulatory compliance. What used to be a primarily paper-based and reactive process now demands immediate, traceable, and automated responses. In this context, compliance is no longer just a regulatory requirement: it is a competitive advantage. Mexican authorities …
Fintech / by Javier Pérez Moreno In recent years, the cryptoasset ecosystem in Mexico has evolved rapidly. One of the most notable phenomena has been the adoption of stablecoins, particularly those pegged to the U.S. dollar such as USDT and USDC. These are widely used in remittances, international payments, and e-commerce operations. However, this growth …
FINTECH / by Javier Pérez Moreno The Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act has taken a decisive step toward becoming the first comprehensive federal stablecoin law in the United States. On May 20, 2025, the U.S. Senate passed a key procedural vote (66–32), moving the bill into full debate, marking a …
FINANCE AND BANKING / by Miguel Gallardo Guerra Law firm management is a fundamental aspect of ensuring operational efficiency, sustainable growth, and competitiveness in an increasingly dynamic legal environment. Beyond technical excellence in legal practice, firms must adopt management strategies that enable them to optimize resources, attract talent, and provide high-quality services to their clients. …
FINTECH / by Javier Pérez Moreno Mexico is quickly establishing itself as one of Latin America’s most dynamic markets for digital assets. With a growing fintech ecosystem, high smartphone penetration, and strong remittance flows, the country presents a compelling opportunity for crypto adoption. But success here requires more than technical innovation or a sleek user …
FINANCE AND BANKING / by Miguel Gallardo Guerra Anti-Money Laundering (AML) is a fundamental pillar in the regulation of the global financial sector. With the rise of digitalization and alternative financial services, authorities have strengthened controls to prevent financial systems from being used for illicit activities, such as terrorist financing and money laundering. Importance of …
FINANCE AND BANKING / by Miguel Gallardo Guerra New vulnerable activities. Receipt of funds for Real Estate Development. The receipt of resources destined to carry out a Real Estate Development whose purpose is its sale or rental. Transfer of ownership or guaranty trusts (notaries). The constitution or modification of property transfer or guaranty trusts, regardless …
FINANCE AND BANKING / by Miguel Gallardo Guerra Regulatory compliance has become an essential element in ensuring transparency, stability, and security in the financial and technological sectors. In a global environment where innovation advances rapidly, regulations aim to mitigate risks and ensure that companies operate within legal frameworks that protect consumers and investors. As new …
FINANCE AND BANKING / by Miguel Gallardo Guerra The fintech ecosystem has revolutionized the global financial sector by driving financial inclusion, operational efficiency, and product innovation. From digital payments to alternative financing and asset management, fintech companies have challenged traditional models, forcing regulators to adapt to a new digital reality. Key Areas of Fintech Innovation …
