Mexico Launches The National Anti-Corruption System

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Derived from a constitutional amendment in 2015 in matters of Anti-Corruption, and in relation to the secondary laws which enact the so-called National Anti-Corruption System, on July 19 the General Law on Administrative Responsibilities came into full force and effect. This secondary law establishes sanctions for public officials, individuals and companies for administrative misconducts considered […]

Fourth Tender, Round Two

Publicada en Deja un comentarioPublicada en English, Oil & Gas

In reference to the tenders called by the National Hydrocarbons Commission (“CNH”) regarding the awarding of Exploration and Extraction of Hydrocarbons Contracts (“E&E Contracts”). On July 19, 2017, the Energy Ministry and CNH announced the Fourth Tender of Round Two (CNH-R02-L04/2017), which compels 30 Contractual areas located within the regions known as: (i) Plegado Perdido, […]

Infrastructure Projects.

Publicada en Deja un comentarioPublicada en English, Infrastructure

INFRASTRUCTURE Infrastructure Projects.   Communications and Transport. Project Description Location Contractual Scheme Scope Estimated Investment Dates / Calendar Additional Information Urban railway Mexico – Toluca. Mexico City – Toluca, México N/A High speed railway that will go from Mexico City to Toluca, Mexico.   16 different contracts for diverse works related to the construction. $38.0 […]

Results of BID CNH-R02-L01/2016

Publicada en Deja un comentarioPublicada en Energy, English, Infrastructure, Mining

On June 19, 2017, the National Hydrocarbons Commission carried out the filing of the economic proposals act related to the biding process CNH-R02-L01/2016 for the awarding of production sharing contracts for exploration and extraction of hydrocarbons in shallow waters. Pursuant to the results of the bid procedure, 10 contractual areas, from a total of 15, […]

Opening of Jet-Fuel Business to Private Parties

Publicada en Deja un comentarioPublicada en Energy, English, Infrastructure, Mining, Sin categoría

Derived from the opening of fuel markets, the Energy Regulatory Commission (“CRE”) has announced that it is urrently preparing an open season, the purpose of which will be to allow bids on part of the fuel storage capacity used to supply different airlines in Mexico, known as jet-fuel. It is important to mention that, as […]

Information Technology Mexico- The Supreme Court of Justice Regulates Website Blocking

Publicada en Deja un comentarioPublicada en English, Information Technology

Information Technology Mexico- The Supreme Court of Justice Regulates Website Blocking   In the context of a ruling recently issued by the Supreme Court of Justice in Mexico (hereafter, “the Court”), in a case in which the right to freedom of expression and copyright on the Internet converged, last Friday, June 16, four jurisprudential theses were […]

Improvements to the Mexican Official Standard NOM-016-CRE-2016 “Oil Products Quality Specifications”

Publicada en Deja un comentarioPublicada en Energy, English

Improvements to the Mexican Official Standard NOM-016-CRE-2016 “Oil Products Quality Specifications”   On June 15, 2017, the Energy Regulatory Commission (“CRE”) authorized improvements to the Mexican Official Standard NOM-016-CRE-2016 “Oil Product Quality Specifications” The main purpose of the modifications approved by CRE is to increase competition among the fuel and diesel markets, derived from the […]

Elimination of Maximum Price of Natural Gas First-Hand Sales

Publicada en Deja un comentarioPublicada en Energy, English

Elimination of Maximum Price of Natural Gas First-Hand Sales   On June 19, 2017, the Energy Regulatory Commission (“CRE”) issued a communication approving the elimination of the maximum price of natural gas at first-hand sales. The main purposes of the price elimination are the following: a. The facilitation of the recovery of natural gas production. […]

RULES APPLICABLE TO THE EXECUTIVE ORDER ON THE 2017 REPATRIATION OF FUNDS

Publicada en Deja un comentarioPublicada en English, Tax

RULES APPLICABLE TO THE EXECUTIVE ORDER ON THE 2017 REPATRIATION OF FUNDS   On May 15, 2017 general rules were published by the Tax Administration Service (“SAT”) applicable to the “Executive Order granting various income tax breaks for deposits or investments to be received in Mexico”, in effect since January 19, 2017.   Read more […]