Open Source Content Management

On September 4 the Ministry of Finance and Public Credit published two new resolutions on credit matters and information required by authorities from Financial Technology Institutions (FTI) in the Official Federal Gazette.

To read more, please download PDF.

We would like to share with you an article written Global Arbitration Review that mentions our Partner Claus Von Wobeser who participated as ICSID ad hoc committee president in an arbitration that upheld a US$150 million award won by Standard Chartered Bank Hong Kong against a Tanzanian state-run electricity supply company.

To read more, please download PDF. 

On August 27, 2018, the National Center of Natural Gas Control published the preliminary bidding guidelines for the Public International Bid CENAGAS-ALM-001-2018, which purpose is to award a Natural Gas Delivery, Storage and Receipt Service Contract in the “Jaf Field” located in Cotaxtla, Veracruz.

To read more, please download PDF.

Our Partner Fernando Carreño gave his opinion and explained the conditions about the fine Pemex is facing regarding competition before COFECE. 

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On June 21, 2018 our Founding Partner Claus von Wobeser was interviewed by Professor Andrea K. Bjorkland as part of the regular series of interviews by the Institute for Transnational Arbitration (ITA) with prominent senior practitioners in arbitration. This happened at the 30th Annual ITA Workshop and Meeting in Dallas.

To read more about this interview, which we'll be sharing shortly, please download PDF.

On August 6 and August 7 two draft secondary rules to the Law Regulating the Financial Technology Institutions (the “Fintech Law”) were published on the webpage of the Federal Regulatory Improvement Commission (COFEMER); both presented by the Ministry of Finance and Public Credit (SHCP).

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Von Wobeser y Sierra, S.C. advised the selling shareholders of Arrendadora Avance, S.A. de C.V. in the sale of a majority stake of the company to Monex S.A.B. de C.V.

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Due to the recent publication of the meeting minutes of the Mexican Federal Economic Competition Commission (COFECE) reunion held on June 7, in which the present commissioners voted against adopting the guidelines presented by the investigative arm of such Commission, our Partner Fernando Carreño and other elite lawyers in competition expressed their opinion about this decision.

To read more, please download PDF. 

In this piece, elite Mexican lawyers, including our Partner Claus von Wobeser, say the victory of leftist candidate Andrés Manuel López Obrador (AMLO) is a testament to the country’s frustration with the levels of corruption; they argue the new president must now outline concrete plans to tackle the issue in order to boost the country’s business and investment climate.

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By press release published on July 4, 2018, the National Banking and Securities Commission (“CNBV” for its acronym in Spanish) indicated that the first general provisions relative to the Law regulating Financial Technology Institutions (“Law” or “FinTech Law”) will be published in September, thereby complying with the first period established in the transitory articles of the mentioned Law.

To read more, please download PDF.