Quarterly Update Notice – 2024 Fourth Quarter National Registry of Foreign Investments
Being faithful to our mission to preserve the due compliance of your companies, it is of vital importance to notify you that next January 17th, 2025, is the deadline to file before National Registry of Foreign Investments, the Quarterly Udpate Notice related to the Fourth Quarter of 2024. Such notice is filed by individuals or […]
Economic Package for Fiscal Year 2025: Initiative to Reform the Federal Duties Law
On November 15, 2024, the Secretary of Finance and Public Credit delivered to the Chamber of Deputies the Economic Package for the Fiscal Year 2025, which includes, among other documents, the Initiative with Draft Decree Reforming, Adding and Repealing Various Provisions of the Federal Duties Law.
Supreme Court of Justice in Mexico resolves an appeal filed against the Mining Law Reform
On October 9th, 2024, the Supreme Court resolved an appeal filed by the Federal Executive, the Congress of the Union and the Ministry of Economy, as responsible authorities, which was filed against a judgment issued by a District Court, through which the Fifth Transitory Article of the Decree that reformed, among others, the Mining Law, was challenged.
Constitutional Reform Initiative on the prohibition of open pit mining.
Last February 05th, 2024, a series of initiatives were presented by the Federal Executive of Mexico, with the purpose of amending the Political Constitution of the United Mexican States; one of these initiatives is the “Decree by which several provisions of the Political Constitution of the United Mexican States are reformed, regarding the right to food, healthy environment and right to water.”, in the initiative and the included “Diagnose”, the Executive mentions that “The residues produced by open pit mining, are not only solid residues, and are also composed of residual waters, which extend to farther areas”.
2024 Mexico Elections
With Claudia Sheinbaum’s victory in the recent elections, Mexico has its first female president in history.
Prior consultation with indigenous peoples and communities regarding environmental assessments and authorizations
Last March 2023, two jurisprudential criteria were published by the Supreme Court of Justice of the Nation of our country, which explain the provisions of Convention 169 on Indigenous and Tribal Peoples in Independent Countries, which has been ratified by Mexico, and in relation to the government’s duty to guarantee indigenous peoples their participation in […]
Mexico on its way to reduce its carbon footprint
On February 29th of 2024, Secretaría de Hacienda y Crédito Público launched the program called ECO CREDITO SUSTENTABLE, which is one of Mexico ́s many initiatives in its Mobilization of Sustainable Financing Strategy (Estrategia de Movilización de Financiamiento Sostenible), initiative in cooperation with Secretaría de Medio Ambiente y Recursos Naturales (SEMARNAT) and Nacional Financiera (Nafin), […]
Marco Perea
Associate
Lesly Lujan
Associate
Jesús González
Partner
