Logo Acedo Santamarina

New regulations for the Federal Consumer Protection Law

Last December 19, 2019, the new regulations of the Federal Consumer Protection Law (the “New Regulations”) were published in the Official Gazette of the Federation, abrogating the current regulations, enacted in 2006 (hereinafter, the “Abrogated Regulations”).

The National Infrastructure Information System is created

On October 28, 2019, the Guidelines for the delivery, registration and consultation of information for the conformation of the National Infrastructure Information System (the “SNII”), which were previously approved by the Plenary of the Federal Telecommunications Institute (the “Guidelines”), were published in the Official Gazette of the Federation.

Jurisdiction to settle a dispute arising from adhesion banking contracts

Practically all existing legal relationships between banking service providers and their customers are governed by the provisions of adhesion contracts, which the Federal Consumer Protection Law defines as the formats in which a provider unilaterally determines the terms and conditions to be applied to the provision of a service, i.e., customers or users acquire certain […]

Acedo Santamarina “Ten years of recognition”.

For the tenth consecutive year, Acedo Santamarina, S.C. was recognized by The Legal 500 (Latin America Guide 2019), Chambers and Partners and Who’s Who Legal as one of the best law firms in Mexico.

The deadline for Financial Technology Institutions (the “FTIs”) to submit their application to the National Banking and Securities Commission (CNBV) has expired.

In 2013, the Mexican authorities were questioned regarding the domestic regulatory process for FTTs, which prompted them, together with the industry itself, to study, explore and work on the creation of regulations that would address the national and international context in this area. In 2018, the Law to Regulate Financial Technology Institutions, better known as […]

Increase in the IEPS rate

Pursuant to the provisions of Article 74, Section IV, second paragraph of the Political Constitution of the United Mexican States, the Federal Executive shall submit to the Chamber of Deputies the Income Law Initiative and the Federal Expenditure Budget Bill no later than September 8, and the corresponding Secretary of State shall appear before the […]

Tax remission is eliminated

The Decree became effective the day after its publication, i.e. May 21, 2019, and will be in force until 2024.