Dear friends and clients, On January 16th, 2014, the Mexican Antitrust Commission (the "Commission") formally began an investigation regarding the Mexican financial sector (the "Investigation").
Dear friends and clients,
On January 16th, 2014, the Mexican Antitrust Commission (the "Commission") formally began an investigation regarding the Mexican financial sector (the "Investigation").
This Investigation is directly connected with the recent reform of the financial legislation, published in the Federal Official Gazette on January 10th, 2014, and entered into full force and effect on January 11th, 2014 (except for some areas as established in their temporary provisions). By means of such reform, the Commission was instructed by the Federal Congress, to perform, within the 180 calendar days following its publication, an investigation regarding the competition conditions in the Mexican financial sector.
To read the document, please click here.
For additional information, contact our experts:
Fernando Carreño, Antitrust Partner
+52 55 52 58 10 42, fcarreno@vwys.com.mx
Andrés Nieto Sánchez de Tagle, Banking & Finance Partner
+52 55 52 58 10 27, anieto@vwys.com.mx