News
2020
04
May 04, 2020
Restructurings and Insolvency
Newsflash - COVID-19 – Bill to regulate the Insolvency Proceeding (Concurso Mercantil) under an Emergency Regime in the Commercial Insolvency Law (Ley de Concursos Mercantiles)
On April 30, the Parliamentary Group of the Partido Revolucionario Institucional (PRI) submitted in the Senate a "Bill by which the Fifteenth Title "Emergency Insolvency Regime” is added to the Commercial Insolvency Law (Ley de Concursos Mercantiles)" related to the declaration of the...
30
April 30, 2020
Capital Markets
Santader México Santader Mexico makes historic issuance amidst the uncertainty of COVID-19
Ritch Mueller represented Banco Santander México, in connection with its offering of USD$1,750 million of its 5.375% Notes due 2025. Read note (only available in Spanish)...
28
April 28, 2020
Banking and Finance
IEnova obtains green loan for solar generation projects
Ritch Mueller represented Japan International Cooperation Agency, in a USD$100 million loan to Energética Nova to fund five solar power plants in Mexico. Read note (only available in Spanish) Other media Global Legal Chronicle...
13
April 13, 2020
Compliance, Anti-corruption and Investigations
Newsflash - Mexico makes progress in financial technology compliance and prevention of unlawful transactions
On March 24, 2020, the Ministry of Finance (Secretaría de Hacienda y Crédito Público, “SHCP”) issued a resolution publishing the official forms to be used in connection with reporting obligations under the Law to Regulate the Financial Technology Institutions (Ley...
13
April 13, 2020
Banking and Finance
COVID-19 Temporary Exemptions to Banking Liquidity Requirements
In the midst of the COVID-19 health emergency and related economic downturn, the Banking Liquidity Regulation Committee, comprised of representatives of the Ministry of Finance (Secretaría de Hacienda y Crédito Público), the National Banking and Securities Commission...
13
April 13, 2020
Banking and Finance
Legal Guide for COVID-19
Ritch Mueller participated in the preparation of the Legal Guide for COVID-19 coordinated by Estándares Pro Bono México, Fundación Barra Mexicana, A.C., Appleseed México and Centro Mexicano Pro Bono, A.C., with the support of the Instituto de Investigaciones...
13
April 13, 2020
Capital Markets
Newsflash - COVID-19 – CNBV announces the extension of terms applicable to securities’ issuers to comply with certain reporting obligations
In the midst of the COVID-19 outbreak, the Mexican Banking and Securities Commission (Comisión Nacional Bancaria y de Valores; “CNBV”) issued on April 8, 2020 temporary measures to facilitate compliance by Issuers(1) of their periodic information disclosure obligations (the...
08
April 08, 2020
Competition and Antitrust
Newsflash - COFECE´s Digital Strategy
The Federal Commission of Economic Competition (“COFECE” or the “Commission”) published on 30 March COFECE´s Digital Strategy to address the new challenges presented by the digitalization of the economy from a competition perspective. In its document COFECE lists...
08
April 08, 2020
Capital Markets
Newsflash - COVID-19 – Issuers and Disclosure of Relevant Information
In the midst of the COVID-19 epidemic and the recent publications in the Official Federal Gazette (the “DOF”) of decrees on health emergency and suspension of activities (see Newsflash entitled “COVID-19 – Declaration of Sanitary Emergency due to Force Majeure”...
08
April 08, 2020
Tax
Newsflash - COVID-19 Tax – Force majeure
Amid the health crisis brought by COVID-19, it is of outmost importance for Mexican taxpayers to understand the applicability of the relevant force majeure tax provisions. For such purposes, please bear in mind that on March 30, 2020, the Mexican National Health Council published a decree in...
