Updated to June 11, 2020 / COVID-19 / Litigation Due to the SARS-CoV2 virus (COVID-19) in Mexico, the General Health Council published the Agreement declaring a sanitary emergency due to force majeure in the Federal Official Gazette on March 30 of this year. In...Read more
June 8, 2020 / Banking and Finance Law Circular 17/2020 – addressed to Multiple Banking and Development Banking Institutions, regarding the Rules applicable to repurchase transactions of government securities with Banco de México to cover liquidity needs. Due to the circumstances derived from COVID-19...Read more
June 7, 2020 / Financial and Banking Law / By Daniela Alejandra Lobato On May 15, the National Banking and Securities Commission, together with the Financial Intelligence Unit of the Ministry of Finance and Public Credit, issued the «Guide for the implementation of warning...Read more
June 10, 2020 / Banking and Finance Law CIRCULAR 22/2020 – Amendment to the exception made by the Card Provisions established in Circular 13/2020 regarding provisional measures in matters of minimum payment amounts applicable to credits, loans, or revolving financings associated with credit cards, in...Read more
May 12, 2020 / COVID-19 / Compliance I. Introduction There are several situations that endanger the continuity of a Legal Person. These situations often cannot be foreseen or even if they are foreseen, they cannot be avoided, such as the COVID-19 pandemic which is...Read more
June 19, 2020 / COVID-19 / Privacy and Personal Data Protection The Commission President of the INAI, Francisco Javier Acuña Llamas, pointed out that the function of the National Institute of Transparency, Access to Information, and Protection of Personal Data and the guarantor bodies...Read more
Circular 16/2020 – Rules applicable to securities lending transactions with Banco de México to enhance liquidity. June 8, 2020 / COVID-19 /Banking and Finance Law Due to the circumstances derived from COVID-19 pandemic, a new provisional measure adopted by Banco de México (hereinafter, «Banxico»)...Read more
May 29, 2020 / COVID-19 / Banking and Finance Law Due to the COVID-19 illness, the National Banking and Securities Commission (CNBV) reissued measures to extend the procedural time limit of suspension of procedural deadlines until June 30, 2020. This extension applies to hearings,...Read more
June 19, 2020 / COVID-19 / Privacy and Personal Data Protection The National Institute of Transparency, Access to Information, and Protection of Personal Data (INAI) decided to extend to June 30 the period of suspension of procedural deadlines for responding requests and review remedies...Read more
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