BGBG
BGBG
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 …
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. …
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 …
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 …
FINANCE AND BANKING / by Miguel Gallardo Guerra In the era of financial digitalization, payment methods have evolved at an unprecedented speed. The transition from traditional cash and physical card-based systems to digital solutions has been driven by technological advancements, regulatory changes, and a growing demand for faster and more secure user experiences. Key Trends …
FINANCE AND BANKING / by Miguel Gallardo Guerra This legal opinion briefly addresses the specific regulation applicable in Mexican territory regarding the operation of Bitcoin or cryptocurrency automated teller machines (ATMs) under the legislation and restrictions. We present the following analysis and opinion for consideration. It covers the scope and legal grounds applicable to the …
FINANCE AND BANKING / by Miguel Gallardo Guerra The emergence of virtual assets and user empowerment through Decentralized Finance (hereinafter, “DeFi”) have driven a transition to a decentralized model in global banking systems. This change represents a fundamental evolution in the provision of financial services. What is Decentralized Finance? Unlike traditional finance(hereinafter, “TradFi”), DeFi is …
FINANCE AND BANKING / by Miguel Gallardo Guerra Preventing fraud and financial crimes is a top priority for financial institutions, governments, and regulatory bodies worldwide. The aim is to safeguard consumers, businesses, and the global financial system’s stability from illegal activities like fraud, money laundering, terrorist financing, and other economic crimes. Because financial fraud can …
FINANCE AND BANKING / by Miguel Gallardo Guerra Cross-border lending refers to the provision of loans or financing by financial institutions in one country to borrowers in another country. These financial operations involve several legal, regulatory, and operational challenges, as international transaction laws vary from jurisdiction to jurisdiction. Careful legal planning, proper financing structuring, and …
