Logo Acedo Santamarina

Proposed disappearance of the Federal Institute of Telecommunications

At the morning conference on January 7, 2021, the President of the Mexican Republic, Andrés Manuel López Obrador, stated his intention to present a reform initiative to eliminate several autonomous agencies, including the Federal Telecommunications Institute (“IFT”) and the National Institute of Access to Public Information, in order to reduce public spending.

U.S. manufacturers send letter to Mexican president to protect supply chains

Several U.S. companies members of the National Association of Manufacturers, dedicated to the production of different inputs in Mexico, sent a letter to President Andrés Manuel López Obrador on April 22, 2020, in which they express their concern regarding the decrees issued by the Ministry of Health and the different levels of government, which have […]

Implications of the 2020 economic crisis for the financial factoring market

As acknowledged by the President of Mexico, Andrés Manuel López Obrador, the country will face an inevitable economic crisis this year, mainly due to Covid-19, as well as the collapse in oil prices, the fall of the stock market, among other factors. This crisis, like any other, generates uncertainty as to the consequences it will […]

General Health Council Formally Installed

As a consequence of the current pandemic caused by COVID-19, as pointed out by the World Health Organization on March 11, 2008, there was still no formal declaration of a sanitary emergency in Mexico until yesterday, despite the fact that the Mexican Constitution expressly states that in case of serious epidemics, the General Health Council […]