News & Analysis as of

Mexico FinTech

Goodwin

Founder Focus: Eduardo Ortiz Reynaga at Koltin

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Welcome to our new client spotlight series, Founder Focus, in which we share insights from clients in our global Fintech practice. In this first issue, David Ajalat, Goodwin partner and Fintech practice co-chair, interviews...more

Holland & Knight LLP

Mexico Approves Bill Regarding Electronic Financial Transactions

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The Mexican Congress has approved a bill regarding promissory notes, negotiable instruments and other financial transactions using electronic means. On March 26, 2024, a decree was published in the Official Journal of the...more

Hogan Lovells

Nuevas obligaciones de diversificación en colocación de financiamiento y revelación de información aplicable a Bancos

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El 17 de abril de 2022, la Comisión Nacional Bancaria y de Valores (la “CNBV”) publicó en el Diario Oficial de la Federación (“DOF”) modificaciones a las Disposiciones de Carácter General aplicables a las Instituciones de...more

Hogan Lovells

Financial entities must update their financial credentials and institutional keys before the CONDUSEF

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On October 14, 2022, the CONDUSEF issued new general provisions applicable to all financial institutions in order to standardize reporting obligations, reduce deadlines, and increase the obligations of financial institutions....more

Hogan Lovells

SPEI 2.0 – New Regulation for Indirect Participants

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New rules the Mexican electronic-transfer system known as SPEI were published on March 23, 2022 affecting fintech companies and smaller players that indirectly connect to this system through other bigger financial...more

White & Case LLP

Mexico: New defense procedure against inclusion in Blocked Persons List

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On March 11, 2022, a reform to the Mexican Banking Law (Ley de Instituciones de Crédito) was published in the Federal Official Gazette (Diario Oficial de la Federación) in order to provide a new procedure for the defense of...more

White & Case LLP

Secondary Fintech regulations related to e-money Institutions (IFPEs)

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On January 28, 2021, the Mexican Central Bank and the National Banking and Securities Commission ("CNBV"), published in the Federal Official Gazette the "General regulations applicable to e-money Institutions pursuant to...more

White & Case LLP

Mexican Government issues registration requirements to those who exchange and custody virtual assets

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On November 30, 2020, the Mexican Ministry of Finance ("SHCP") issued the list of requirements for registration of the persons and entities that offer, on a professional basis, the exchange and custody of virtual assets with...more

Carlton Fields

Insurtech Regulatory Developments in Latin America

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Insurtech companies continue to expand their reach into the Latin America market, particularly in Brazil, Mexico, and Peru. Insurtech, defined as the combination of insurance and technology, develops and leverages new digital...more

Sheppard Mullin Richter & Hampton LLP

The United States-Mexico-Canada Agreement – Paving the Way for a Cross-Border Fintech Sandbox

At over $30 billion USD in transactions a year, the United States-Mexico remittance corridor is one of the largest in the world. The rapid development of cryptocurrencies has enabled cross-border transactions at just a...more

Latham & Watkins LLP

Mexico Issues First License Under New FinTech Law

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The landmark authorization signals the Mexican government will likely grant similar licenses to more FinTech companies in the coming months. Nearly two years after the Mexican government enacted its Financial Technology...more

Robins Kaplan LLP

Financial Daily Dose 6.4.2019 | Top Story: DOJ, FTC, and Congress Set to Investigate Big Tech

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Much more on the suddenly hot topic of Big Tech antitrust oversight, including a negotiated agreement among regulators that will see the DOJ handling Apple and Google while the Federal Trade Commission will take on Facebook...more

Katten Muchin Rosenman LLP

Bridging the Week - November 2018 #4

The Securities and Exchange Commission’s view that most cryptoassets issued as part of initial coin offerings and presales to ICOs are securities was challenged by a federal court in California when it denied the agency’s...more

Hogan Lovells

Debt capital markets - Global insights - Summer 2018

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At Hogan Lovells, we follow industry trends very closely and we take great care to listen to our clients and contacts – to understand the issues they face and how the industry is changing. Our Debt Capital Markets – Global...more

Jones Day

Privacy and Cybersecurity Developments in Latin America

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The Situation: Latin American governments, business leaders, and legal advisors continue to address privacy and cybersecurity concerns. The Result: The development and implementation of privacy-focused regulations is a...more

Jones Day

Global Privacy & Cybersecurity Update Vol. 13

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On December 28, 2016, the New York Department of Financial Services ("DFS") released a revised version of a proposed regulation that would require banks, insurance companies, and other financial services institutions...more

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