Mergers & Acquisitions In Mexico

1. What are the key laws and regulations that govern mergers and acquisitions in your jurisdiction?

Regarding the key laws and regulations governing mergers and acquisitions in Mexico, the most important legal orders are:

• Federal Civil Code;
• General Corporations Law ("GCL")
• Federal Commercial Code
• Federal Labor Law
• Foreign Investment Law ("FIL")
• Federal Antitrust Law ("Antitrust Law")
• Negotiable Instruments and Credit Transactions Law
• Securities Law ("SL")
• Financial Institutions Law
• Mutual Funds Law.
• Federal Act to Prevent and Identify Illegally- Funded Transactions and its Regulations.

The most recent legislation regarding corporate governance in Mexico is the new Securities Law (SL), which became effective in June 2006.