Open Source Content Management

Today a ruling of the Ministry of Health was published in the Official Federal Gazette that included the manufacturing of transportation equipment, mining and construction as essential activities, not subject to suspension. Therefore, those industries and activities can reinitiate their activities on June 1, provided they have implemented the health safety guidelines published by the competent authorities in their workplace.

On May 12, 2020, the First Resolution of Modifications to the Omnibus Tax Bill for 2020 (“First Resolution of Modifications”) was published in the Official Federal Gazette, which entered into force the day following its publication .

COVID-19 has already had a dramatic and profound impact upon the commercial operations and even the solvency of many businesses across many sectors of the Mexican economy. For contracting parties, it is likely to be vitally important that their business partners continue to honor their contractual obligations throughout the crisis, and that their credits are not lost in the event of their business partners’ insolvency. To best protect the rights of such businesses, it may be necessary to obtain urgent binding relief from a competent entity.

On April 29, 2020 the “Resolution to guarantee the Efficiency,  Quality,  Reliability,  Continuity and Security of the National Electric System, as a result of the recognition of the epidemic of illness from the SARS-CoV2 virus (COVID-19)” (“Resolution”) issued by the National Energy Control Center (“CENACE”) was published in the Market Information System.

On May 4, 2020, the sixth advance version of the First Resolution of Modifications to the Tax Omnibus Bill for 2020 (“First Resolution of Modifications”) was released on the webpage of the Tax Administration Service (“SAT”).

Today, the “Ruling modifying the ruling that declares the suspension of the time periods in proceedings carried out before the National Hydrocarbons Commission (“CNH”)” (the “Ruling”), was published in the Official Federal Gazette (“DOF”).

On April 30, 2020 the Federal Ministry of Environment and Natural Resources (“SEMARNAT”) published in the Official Federal Gazette the “Ruling indicating the days that will be considered as non-business days for administrative acts and procedures filed before the Federal Ministry of Environment and Natural Resources and its administrativedecentralized agencies, with exceptions for the indicated procedures and acts” (“Ruling”).

Recently, the Mexican Social Security Institute issued criteria for determining in what cases infection with Coronavirus SARS-CoV-2 (COVID-19) should be considered an occupational illness.

Due to the COVID-19 contingency, on May 1, 2020, it was published on the official website of the Mexican Copyright Institute (INDAutor) the official communication by means of which the suspension of activities and terms that ran from March 26 to April 30, 2020 has been extended. Therefore, according with this official communication, INDAutor will remain closed and the deadlines will remain suspended until May 29, 2020.

Prior to joining our firm in 2021, our partner Pablo Jiménez was the Global Vice President of Reputation and Communications at Anheuser-Busch InBev (AB InBev), the world's leading brewer. In this radio interview, establishes that the culture defines the company, and that a vision and global purpose must be developed.

Due to the COVID-19 contingency, on April 28, 2020 the official communication SS/12/2020, issued by the Plenary of the Superior Chamber of the Federal Court of Administrative Justice (TFJA), was published on the official website of that Court, extending the initial suspension of activities and terms that ran from March 18 to May 05, 2020 until May 29, 2020.

Today, the following rulings related with administrative authorities of the energy sector, were published in the Federal Official Gazette:

(i) Federal Ministry of Energy (“SENER”). “Ruling that modifies the former establishing the suspension of deadlines and legal terms in the Federal Ministry of Energy, as a preventive measure against the spread of the coronavirus COVID-19 pandemic” (“ SENER Ruling”).

The outbreak of COVID-19 -or coronavirus, as it is commonly referred to- has brought drastic changes to the world economy, and the full scope of its effects cannot yet be calculated. In the midst of this unprecedented crisis, companies must make significant and difficult choices, including suspending their operations, closing some of their facilities, or staying open for business, should they carry out activities considered essential or of strategic importance in order to face the pandemic; terminating relationships with vendors; being unable to meet previously undertaken orders… a whole host of scenarios considered unimaginable up until a few months ago.

The Board of the Commission in its session held on April 27, decided that the initial (March 23 to April 17) and the second (April 20 to April 30) suspension of terms will be extended. In this regard and effective as of May 6, all times and terms will be suspended until May 29, 2020, excepting those related to merger control procedures and the issuance of opinions or decisions in the granting of licenses, concessions, permits and similar procedures.

On April 27, 2020, the Plenary of the Federal Judiciary Council (“CJF”) issued the General Agreement 8/2020 (“Agreement 8/2020”) regarding the work structure that will be adopted by the Federal Judiciary during the period from May 6 to 31, 2020.

In order to promote liquidity and the orderly functioning of the Mexican financial system in the context of the complex economic situation resulting from the COVID-19 pandemic, on April 21, 2020, the Mexican Central Bank (Banco de México) (“Banxico”) issued a press release through which it announced: (i) cuts to the same-day Interbank Equilibrium Interest Rate (TIIE in Spanish) in the amount of 50 basis points, to the amount of 6%; and (ii) the implementation of additional measures, which amount to over 750 billion pesos in support and which comprise the following (the “Additional Measures”).

Today the U.S. Trade Representative notified the U.S. Congress that both Mexico and Canada had adopted the measures necessary to fulfill their commitments under the U.S.-Mexico-Canada Agreement (USMCA). With this, the United States became the third and last party to notify the others that it completed its internal procedures for the implementation of the USMCA, which will enter into force on July 1, 2020.

As we informed you in a timely manner, on April 21, 2020, the Ruling modifying the extraordinary actions for addressing the health emergency generated by the SARS-CoV2 (COVID-19) virus published on March 31, 2020, was published in the Official Federal Gazette, which included the extension of the suspension ruling until May 30, 2020.

Today a ruling was published in the Official Federal Gazette modifying the application of some of the extraordinary measures adopted by ruling of March 31, 2020.

The “Decree granting tax benefits to the indicated taxpayers” (“Decree”) was published in the morning edition of the Official Federal Gazette today, entering into force on the same day and remaining in effect until December 31, 2020.