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Signing of the “Comprehensive and Progressive Agreement for Trans-Pacific Partnership”

March, 2018

March 8th, 2018.

Dear clients and friends,

Today, March 8th, 2018, the “Comprehensive and Progressive Agreement for Trans-Pacific partnership”, better known as TPP-11 or CPTPP, was signed in Chile, with the participation of Australia, Brunei, Canada, Chile, Malaysia, Japan, New Zealand, Peru, Singapore, Vietnam and Mexico. The agreement is signed just as the government of the United States is announcing that it will impose tariffs on imports of steel and aluminum.

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Approval of the Mexican Fintech Act

March, 2018

On March 1st, 2018, the Chamber of Deputies approved a Decree (“Decree”) issuing the Financial Technology Institutions Act and amending and repealing various provisions of the Credit Institutions Act, the Securities Market Act and other related regulations ("Act" or "FinTech Act").. In accordance with said Decree, the FinTech Act has been sent to the Federal Executive for its promulgation and publication in the Federal Official Gazette.

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The Federal Electricity Commission published the bidding terms for the first direct current transmission line.

March, 2018

On February 8th, 2018, the Federal Electricity Commission published the terms of bid number CFE-0036- CASOA-0001- 2018 for the design, construction, equipping, installation, operation and maintenance of the first direct current transmission line in Mexico.

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Companies in Mexico should enhance their compliance programs in light of the criminal reform.

February, 2018

On February 10th, 2014, section A of article 102 of the Mexican Constitution was amended in order to transform the Procuraduría General de la República (Attorney General's Office) into an independent public entity called Fiscalía General de la República ("FGR"). Unfortunately, after almost 4 years, it hasn't yet come into force.

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The Ministry of Energy calls for The International Public Bid for the interconnection of the Mexican Electric Systems.

February, 2018

February 20, 2018.

Dear clients and friends,

On February 2nd   the international public bid number LT/SENER-01-2018 (the “Bid”) issued by the Ministry of Energy (“SENER”) was published in the Official Federal Gazette. The Bid aims to award a Contract for Management and Operation (the “Contract”) of the Transmission Infrastructure to Interconnect the Baja California Interconnection System (BC) with the National Interconnection System (SIN).

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Citizens' initiative to amend: Section "A" of Article 102 of the Mexican Constitution in relation to criminal liability of companies.

February, 2018

On February 10, 2014, section A of article 102 of the Mexican Constitution was amended in order to transform the Procuraduría General de la República (Attorney General’s Office) into an independent public organization called Fiscalía General de la República (“FGR”).  Unfortunately, almost four years later, it hasn’t yet come into force. 

On January 31, 2018, more than 300 civic organizations, through the group called #Reforma102, submitted a citizens’ amendment initiative to modify the same section A of article 102 of the Mexican Constitution.  Such amendment aims to promote the creation of an FGR that effectively addresses Mexican challenges in terms of impunity, autonomy, competence, and impartiality of the executors of justice.

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The Ministry of Energy issues the manual for the Interconnection of Power Plants and Connection of Load Centers.

February, 2018

February 9th, 2018.

Dear clients and friends,

Today the Manual for the interconnection of Power Plants and the Connection of Load Centers (the “Manual”) issued by the Ministry of Energy (“SENER”), was published in the Official Federal Gazette. It provides the requirements, describes the process and procedures, and defines the obligations and rights to be observed regarding the requests for interconnection of power plants or the connection of consumer load centers to the National Transmission Grid and General Distribution Grids that are filed with the National Center of Energy Control (the “CENACE”).

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Fernando Carreño, nominated as “Lawyer of the year – under 40” by Global Competition Review (GCR)

February, 2018

Dear friends and clients,

We are pleased to announce that Fernando Carreño, head of our antitrust practice has been nominated as “Lawyer of the year – under 40” by Global Competition Review (GCR), being the only Mexican lawyer that has been nominated to receive this award since it was launched.

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The National Hydrocarbons Commission issues call and rules for the second tender of round 3 for onshore oil fields.

February, 2018

February 8th, 2018. 

Dear clients and friends;

On January 25th, 2018 the National Hydrocarbons Commission (the “CNH”) published the call and rules of the second tender for onshore oil fields for Round 3.

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Latin Lawyer- Mexican firms make new partners

February, 2018

Von Wobeser y Sierra takes its total partner count to 15 with the promotion of two lawyers to partners. The Firm has one of the best disputes offerings in Mexico. It is especially well-known for international arbitration, and has opted to fortify its strongest practice area. Arbitration lawyer Montserrat Manzano’s promotion will address the rising number of arbitration cases the Firm is handling. Von Wobeser y Sierra also promoted real estate lawyer Pablo Saez, real estate is a growing area at Von Wobeser.

To read more, please download PDF or visit this link

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