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Mexico: Amendment to Anti-Money Laundering Law Pertaining to Cryptocurrencies

(May 22, 2018) Mexico’s Federal Law for the Prevention and Identification of Transactions with Resources of Illicit Origin (commonly referred to as the Anti-Money Laundering Law) was amended in March 2018 in order to regulate transactions with “virtual assets”—that is, cryptocurrencies. (Ley Federal para la Prevención e Identificación de Operaciones con Recursos de Procedencia Ilícita [Federal […]

Mexico: Bilateral Accords Signed with the United States

(Mar. 29, 2018) Mexico’s Secretary of Foreign Affairs, Luís Videgaray, and US Secretary of Homeland Security, Kerstjen Nielsen, witnessed the signing of three instruments of bilateral cooperation on March 26, 2018. The agreements aim to improve the economy on both sides of the border, especially benefiting workers and companies. (Firman México y EUA Instrumentos de […]

Mexico: Financial Technology Law Enacted

(Mar. 28, 2018) Mexico’s Law to Regulate Financial Technology Companies, enacted in March 2018, includes a chapter on operations with “virtual assets,” commonly known as cryptocurrencies. (Ley para Regular las Instituciones de Tecnología Financiera [Law to Regulate Financial Technology Companies] arts. 30–34, DIARIO OFICIAL DE LA FEDERACIÓN [D.O.F], Mar. 9, 2018, Mexican House of Representatives website.) […]

Colombia/Mexico/United States: Joint Strategy on Transnational Crime

(Jan. 26, 2018) On December 6–7, 2017, the attorneys general of Colombia, Mexico, and the United States participated in the Trilateral Summit Against Transnational Organized Crime, whose goal was to “renew the existing commitment to international judicial cooperation and to deepen joint strategies in the fight against transnational organized crime.” (Press Release, US Department of […]

Mexico: Fiscal Benefits Relief for the Populations Affected by the Earthquake

(Oct. 20, 2017) In a decree published on October 2, 2017, the Mexican government granted  fiscal benefits to taxpayers who were affected by the September 19, 2017, earthquake in municipalities in the states of Mexico, Guerrero, Morelos, Oaxaca, Puebla, and Tlaxcala, but not in Mexico City. The Secretary of the Treasury, José Antonio Meade, explained that the […]

Mexico: Lawmaker Proposes Criminalizing Sexual Harassment at Federal Level

(Aug. 28, 2017) In order to criminalize sexual harassment at the federal level as a form of violence suffered by women and girls, the President of the Gender Equality Commission of Mexico’s Chamber of Deputies, Laura Nereida Plascencia Pacheco (a member of the Institutional Revolutionary Party, PRI) is promoting the reform of articles 259 bis […]

Mexico/El Salvador/Guatemala/Honduras: Memorandum of Understanding on Labor Pilot Program

(Nov. 30, 2016) In October 2016, labor authorities from Mexico, El Salvador, Guatemala, and Honduras signed a memorandum of understanding providing for a labor pilot program whereby nationals of the Central American signatory countries may temporarily migrate to Mexico  to work in certain industries.  (Press Release, Secretary of Labor and Social Welfare, Suscribe México Acuerdo […]

Mexico/United States: Binational Law Enforcement Operation Against International Human Trafficking Organization

(Nov. 23, 2016) In November 2016, law enforcement authorities from the United States and Mexico announced a bilateral operation that led to the arrest of a group of individuals who allegedly are part of an international criminal organization accused of smuggling women from Mexico into the United States for sex trafficking purposes. (Press Release, ICE […]

Mexico/United States: Agreement on Establishment of Committee on Trade in Organic Products

(Nov. 17, 2016) In October 2016, agriculture authorities from the United States and Mexico announced a plan to establish a Joint Organic Compliance Committee in order to foster collaboration pertaining to trade in organic products between Mexico and the United States and to ensure the quality of such products. (Press Release, U.S. and Mexico Establish […]

Mexico: Defense Department Ordered to Release Information on Drones

(June 17, 2016) In May 2016, Mexico’s National Institute of Transparency, Access to Information and Protection of Personal Data (the federal authority on matters pertaining to access to public information, known as INAI) ordered the Department of Defense (known as SEDENA) to release information on the number of drones that it uses for aerial surveillance. […]