Outsourcing, a Vulnerable Activity By Miguel Gallardo Guerra and Marco A. López García / Compliance / Published on November 30th, 2016. This memorandum analyzes the legal opinion that was recently published by the Financial Intelligence Unit (“UIF”) on the Anti-Money Laundering portal of the Tax Administration Service (“SAT”) in which the Outsourcing activity was included as a […]
MEMORANDUM ON THE FINTECH BILL I. INTRODUCTION From mid-year of 2016 and throughout the entire first semester of this year, the Mexican financial authorities -lead by the Ministry of the Treasury and Public Credit- have prepared a new law and accessory legislation intended to govern the incorporation, operation, functioning and registration of companies whose purpose […]
On the Ministry of Finance’s Digital System for Corporate Publications (PMS, in Spanish) By BGBG, área de Corporate Law Department. Background information On June 13, 2014, the Ministry of the Economy published, in the Official Federal Gazette a series of substantial amendments to several commercial codes and laws. One of the most transcendent amendments […]
Provisions applicable to Multiple Purpose Financial Institutions regarding the provision of financial services through new technologies.
Provisions applicable to Multiple Purpose Financial Institutions regarding the provision of financial services through new technologies. April 2019 / Banking and Finance On March 21, 2019, the General Provisions referred to in article 115 of the Credit Institutions Act, in relation to 87-d and95-bis of the General Law for Ancillary Organizations, applicable to the Multiple Purpose […]