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ARTICLE · 04 MARCH 2024

5 Trends To Watch: 2024 Compliance | Mexico

Greenberg Traurig
Greenberg Traurig
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Greenberg Traurig

Greenberg Traurig

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The U.S. Department of Justice (DOJ) is likely to continue strengthening anti-corruption enforcement throughout the Americas.

MexicoCompliance
Luis Cortés Panameño
Luis Cortés Panameño
Humberto Molina
Humberto Molina
  1. Anti-Corruption Measures – The U.S. Department of Justice (DOJ) is likely to continue strengthening anti-corruption enforcement throughout the Americas.

  2. Data Privacy and Cybersecurity Compliance – With an increased focus on data protection globally, Mexico may see a rise in regulatory expectations and enforcement related to data privacy, which will result in comprehensive compliance strategies.

  3. Environmental, Social, and Governance (ESG) Compliance – Growing awareness of ESG considerations may result in companies doing business in Mexico placing greater emphasis on corporate responsibility, prompting them to integrate sustainable practices into their compliance frameworks.

  4. Supply Chain Compliance – Expect heightened scrutiny on supply chain practices, with an emphasis on transparency, ethical sourcing, and compliance with labor standards, reflecting a global trend in responsible business conduct.

  5. Digital Compliance Challenges – As businesses in Mexico embrace digital transformation, compliance efforts will likely need to adapt to address new risks associated with cybersecurity, digital transactions, and the use of emerging technologies.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

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