Injunction against social network blocking
In recent years, the authorities have been forced to adapt technological advances as tools for the proper exercise of their administration, providing, among other things, access to information for citizens. One of these tools has been precisely the social networks, particularly the Twitter platform or now called “X” because of the facility it represents, the […]
Amendments to the General Law of Negotiable Instruments and Credit Transactions and to the General Law of Credit Organizations and Auxiliary Activities regarding Electronic Means.
On March 26, 2024, a decree was published in the Official Gazette of the Federation amending, adding, and repealing several provisions of the General Law of Negotiable Instruments and Credit Transactions (“GLCIT“) and the General Law of Credit Organizations and Auxiliary Credit Activities (“GLCOAA“), hereinafter referred to as (the “Decree“). The main objective of […]
Implications of a possible change of telecommunications’ authority in Mexico
On February 5th, the President of Mexico submitted, for consideration of the Mexican Congress, several initiatives to amend the Mexican Constitution. Among them, the “organic simplification” or extinction of certain autonomous constitutional bodies (“OCAs” for its initials in spanish) in order to pursue republican austerity and avoid duplication of functions (between these and the Federal […]
Publication of the Public Bid No. IFT-13.
On January 24, 2024, the Plenary of the Federal Telecommunications Institute approved the “Call to the Public Bid to grant a concession for the commercial use, utilization and exploitation of the radio electric spectrum segment available in the Frequency Band 2483.5 – 2495 MHz for the provision of the Complementary Ground Service of the Mobile […]
New General Law on Alternative Mechanisms for Settling Disputes
As part of the 2017 constitutional amendment to Articles 17 and 73 section XXIX-A, the Congress of the Union was granted the mandate to promulgate a general law establishing the principles and bases for alternative mechanisms for settling disputes, with the exception of criminal matters, which according to the transitory articles of such constitutional reform […]
World’s first artificial intelligence regulation is born in Europe.
There is no doubt that the tool that will shape our generation in the coming years is artificial intelligence (“AI“). Recently, the development of AI at a global level has had a very accelerated growth. Although it is not an exclusive subject of study of the 21st century, considering that scientists of the 20th century […]
NEARSHORING: DECREE GRANTING TAX INCENTIVES TO KEY SECTORS OF THE EXPORT INDUSTRY
The October 11, 2023 Mexican Federal Official Gazette contains the “Decree granting tax incentives to key sectors of the export industry consisting of the immediate deduction of the investment in new fixed assets and the additional deduction of training expenses” (hereinafter, the “Decree”), effective as of October 12, 2023. This Decree grants tax incentives for […]
The Court has confirmed the constitutionality of the Controlling Beneficiary. [Update]
In Mexico, all entities, whether individuals, corporations, trusts, foundations, or other similar structures, are required to identify their Controlling Beneficiaries. These individuals are those who receive benefits from the entity or exert influence over it, as detailed in the previously published article by Aliza Palatchi. Failure to comply with this obligation may result in fines […]
Approval of electronic, optical or any other technological means in the meetings of commercial companies.
SEPTEMBER 19, 2023. On September 12, 2023, the United Commissions of Economy and Legislative Studies of the Senate approved, through roll-call vote, the draft for the decree by which several provisions of the General Law of Commercial Companies (“GLCC”) are amended regarding the rules for the celebration of partners meeting, forwarding it to […]
NEW GENERAL LAW ON ALTERNATIVE DISPUTE RESOLUTION (ADR)
A controversy before the Courts of the country is always complicated because it involves factors such as lawyers’ fees, personal resources, bureaucracy, long times to obtain a judgment and factors such as the excessive workload that the Authority has at the local or federal level, which makes access to the administration of justice difficult. […]