News

2019

January 10, 2019

Tax

Newsflash - New tax incentives granted to promote the Mexican financial markets

As part of a multidisciplinary strategy of the Mexican Ministry of Finance and Public Credit (SHCP) and the Mexican Central Bank (Banxico) that is meant to stimulate the financial sector in Mexico, a presidential decree was issued on January 8, 2019, introducing several tax incentives that are...

January 01, 2019

Energy and Infrastructure Projects

Enel Green Power obtains syndicated credit for three wind farms in Mexico

Ritch Mueller represented BBVA Bancomer, Caixabank, Natixis, MUFG, Bancomext, IDB Invest and European Investment Bank as lenders, in connection to the financing of the Villanueva I, Villanueva III and Don José Solar projects, having an aggregate capacity of approximately 1 GW. The project...

2018

December 18, 2018

Tax

Newsflash - New Administration Proposes Economic Plan for 2019

On December 15th, 2018, the Mexican Secretary of Treasury submitted the 2019 economic plan proposal (the “2019 Economic Plan”) before the house of representatives, which has yet to be discussed and approved and is expected to be enacted –with no relevant amendments– no later...

June 26, 2018

Banking and Finance

Newsflash - Fintech in Mexico – CNBV Authorization Processes Begin for Financial Technology Institutions under the new legal framework.

On March 9, 2018, the Law that Regulates the Financial Technology Institutions (the “Fintech Law”) was published in the Federal Official Gazette and became effective on the day following its publication.The Fintech Law, among other matters, regulates financial services provided by...