Banking and Finance News
2020
12
May 12, 2020
Banking and Finance
RITCH MUELLER COVID-19 NEWSFLASHES
Below you will find all the relevant news up to now, related to the COVID-19: COFECE issues recommendations in relation to CENACE´s Official Communication CENACE issues an official communication to guarantee the reliability of the National Electrical System Amendments to Provisions...
11
May 11, 2020
Ritch Mueller
Newsflash - CENACE issues an official communication to guarantee the reliability of the National Electrical System
On April 29, 2020 the National Energy Control Center ("CENACE") published an Official Communication to guarantee the efficiency, quality, reliability, continuity and safety of the National Electrical System (“SEN”), in light of the SARS-CoV2 virus pandemic (COVID-19) (the "Official...
07
May 07, 2020
Banking and Finance
Energy and Infrastructure Projects
IEnova's subsidiary agrees to refinance USD 364.9 million credit
Ritch Mueller represented Banco Santander, BBVA Bancomer, Sumitomo Mitsui Banking Corporation; Credit Agricole Corporate & Investment Banking; MUFG Bank México, Banco Nacional de Obras y Servicios Públicos, Nacional Financiera, Banco Nacional de Comercio Exterior, Banco...
06
May 06, 2020
Banking and Finance
Bonds & Loans interviews Luis A. Nicolau about the challenges and opportunities in Latin America in light of the pandemic
Bonds & Loans conducted an interview with our partner Luis A. Nicolau, about the challenges and opportunities that companies and law firms are facing in ligt of the pandemic crisis. Regarding the situation for the legal market, Luis explained that "we will continue to see a weak but steady flow...
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
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...
07
April 07, 2020
Banking and Finance
Newsflash - Administrative order to terminate public trusts, public mandates and similar instruments
On Thursday, April 2, 2020, Andrés Manuel López Obrador, President of the United Mexican States, ordered the publication in the Official Federal Gazette (“DOF”) of a decree directing the termination of public trusts (but only in respect of public trusts that do not have...
03
April 03, 2020
Banking and Finance
Newsflash - COVID-19 - CNBV issues recommendation regarding the payment of dividends, repurchase of shares and other benefits of stockholders of banking institutions
With the purpose of strengthening banking institutions in Mexico, on March 31, 2020, the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) (“CNBV”), issued a recommendation so that such institutions abstain from paying dividends, repurchasing...
03
April 03, 2020
Banking and Finance
Newsflash - CNBV issues special accounting treatment for banks
On March 25, 2020, in an effort to mitigate the economic effects of the COVID-19 health contingency and in response to requests made by financial institutions in Mexico, the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores) (“CNBV”), issued...
