Issuance of the Protection Protocol for Corruption WhistleblowersOn October 19, 2020, the Ministry of Public Administration (“SFP” or the “Ministry”) issued the Protection Protocol for Corruption Whistleblowers.→
The Chamber of Deputies approved the amendments to the tax provisions for 2021On October 19 and 20, 2020, the Plenary of the Chamber of Deputies approved (i) the opinion of the draft decree amending, adding and repealing various…→
Entry into force of various obligations under NOM-035-STPS-2018On October 23, 2018, the Ministry of Labor and Social Welfare published in the Official Gazette of the Federation NOM-035-STPS-2018, on the identification,…→
The CRE Imposes Restrictions on the Modification of Self-Supply and Cogeneration PermitsOn October 7, 2020, the Energy Regulatory Commission (“CRE”) published in the Official Gazette of the Federation the “Resolution of the Energy Regulatory…→
Issuance of recommendations by COFECE on energy mattersOn October 7, 2020, the Federal Economic Competition Commission (“COFECE” or the “Commission”) issued comments and recommendations to the National…→
Elimination of Non-Marketing Letters and other amendments to the NOMs AnnexToday, the amendment to Annex 2.4.1 was published in the Official Gazette of the Federation (DOF).→
América Móvil divests its prepaid mobile telephony business in the U.S. for USD 6.9 billionThe Mexican company América Móvil has retained Cleary Gottlieb Steen & Hamilton LLP of New York to sell its prepaid mobile services provider, TracFone, to…→
América Móvil sells U.S. subsidiary to VerizonThe U.S. company Verizon Communications acquired Tracfone Wireless, a subsidiary of América Móvil in the United States, for USD 6.25 billion in cash plus…→
ICC calls for strengthening anti-corruption institutions in MexicoThe International Chamber of Commerce in Mexico (ICC) acknowledged that the current government is doing a good job of combating corruption in the country;…→
Amendment to the Guidelines for the Implementation of the Gradual Plan toward the New Normality in Mexico CityOn September 25, 2020, the Head of Government of Mexico City published in the Official Gazette the Twenty-Second Notice announcing the color of the…→
Labor Compliance under the USMCA. Non-compliance with labor obligations in Mexico may result in the imposition of sanctionsUnder the Agreement between the United Mexican States, the United States of America and Canada (hereinafter, the USMCA), there is a possibility that…→
Von Wobeser y Sierra Advises Merck-Iberdrola in Mexico in Connection with Renewable Energy PPAVon Wobeser y Sierra S.C. assisted the global pharmaceutical company Merck in signing a power purchase agreement (PPA) in Mexico with the Spanish power…→
Merck Signs PPA with Iberdrola in MexicoThe global pharmaceutical company Merck has signed a power purchase agreement (PPA) in Mexico with Spain's Iberdrola, the world's largest wind power…→
Amendments to the Tax Provisions for 2021This past September 8, the Federal Executive submitted to the Congress of the Union the economic package for the 2021 fiscal year ("PEF 2021").→
Santander Develops a New Payments Strategy in MexicoThe Spanish financial group Santander acquired all of the shares of Elavon México Holding and its subsidiaries, which specialize in merchant payment…→
Mexico Investigates the Digital Advertising MarketMexico's competition watchdog has launched an investigation into the abuse of dominant position in the market for digital advertising services in order to…→
12 Years of Struggle and Latin America Maintains the Same Level of CorruptionSince the previous decade, Latin America promised to confront corruption, and at that time it already seemed that Brazil would lead the cause.→
Relevant Labor Matters (Labor Compliance)As you are aware, as a result of the Amendment to the Federal Labor Law of May 1, 2019, various modifications to legal provisions, proposed labor reforms,…→
Suspension of legal terms and deadlines at the Ministry of the Environment and Natural Resources concludesOn August 24, 2020, the Ministry of the Environment and Natural Resources (“SEMARNAT”) published in the Official Gazette of the Federation the “Agreement…→
Von Wobeser partner to chair Americas arbitration groupA partner of Von Wobeser y Sierra SC has been elected chair of the ITA Americas Initiative.→
Update: The suspension of terms and deadlines of the Energy Regulatory Commission concludesYesterday, the Energy Regulatory Commission (“CRE”) published in the Official Gazette of the Federation (“DOF”) the “Agreement whereby the legal deadlines…→
Former President of Mexico Peña Nieto investigated for corruptionFollowing the opening by Mexico's Attorney General of a corruption investigation against former President Enrique Peña Nieto, local lawyers state that…→
Opportunities for companies in the technology sector amid the health crisisThe coronavirus struck mergers and acquisitions transactions hard. The lack of liquidity and the uncertainty have produced a significant drop in the volume…→
The decree amending the Law on Acquisitions, Leases, and Services of the Public Sector enters into forceToday the Decree adding a fifth paragraph to Article 1 of the Law on Acquisitions, Leases, and Services of the Public Sector (“Acquisitions Law”) entered…→
