COVID-19 – Quick Reference Guide to Newsflashes
On March 30, 2020, the National Health Council published a decree in the Official Federal Gazette (the “DOF”) pursuant to which it declared the epidemic generated by the COVID-19 disease as a state of sanitary emergency due to force majeure and authorized the Ministry of Health to determine the actions deemed necessary to address such emergency. On March 31, 2020, the Ministry of Health published a decree in the DOF whereby, mainly, it ordered the immediate suspension, from March 30th to April 30, 2020 (the “Contingency Period”), of all non-essential activities in the public, social and private sectors. On April 21, 2020, the Ministry of Health published a decree in the DOF whereby, among others, it extended the Contingency Period and therefore the suspension of the non-essential activities until May 30, 2020. Below you will find a reference to the different Newsflashes we have published and the link to review the same.
GENERAL
- Legal Guide for COVID-19
- Declaration of Sanitary Emergency due to Force Majeure
- Potential Effects on Contractual Obligations
CAPITAL MARKETS
- CNBV announces the extension of terms applicable to securities’ issuers to comply with certain reporting obligations
- Issuers and Disclosure of Relevant Information
BANKING AND FINANCE
- Temporary Exemptions to Banking Liquidity Requirements
- Administrative order to terminate public trusts, public mandates and similar instruments
- CNBV issues recommendation regarding the payment of dividends, repurchase of shares and other benefits of stockholders of banking institutions
- CNBV issues special accounting treatment for banks
TAX
COMPLIANCE, ANTI-CORRUPTION AND INVESTIGATIONS
- Mexico makes progress in financial technology compliance and prevention of unlawful transactions
- Compliance and Anti-Money Laundering (AML)
COMPETITION AND ANTITRUST