On April 27, 2018, Banco de Mexico issued a statement that three banks experienced incidents with the Interbank Electronic Payment System ("SPEI") (source document in Spanish).

On March 1, 2018, the Mexican Congress issued a statement approving the Law Regulating Financial Technology Institutions (source document in Spanish).

On July 12, the Mexican government issued (source document in Spanish) a working document for National Cybersecurity Strategy.

On June 21, Mexico City hosted the second Pacific Alliance Fintech Forum, focused on development and regulation of the Fintech industry in the Latin American region (source document in Spanish).

On August 6 and 7, the Federal Commission on Regulatory Improvement (Comisión Federal para la Mejora Regulatoria) issued two drafts of rules and provisions for Fintech institutions.

Senate approves the Financial Technology Institutions Law (Ley de Instituciones de Tecnología Financiera) ("Fintech Law")

Ancillary regulation regarding cryptocurrencies and regulatory sandbox.

Fintech regulation was published today.

On March 1st, 2018, the Chamber of Deputies, sitting en banc, approved by majority the bill of the Financial Technology Institutions Law, and remitted the bill to the federal Executive branch...

Proceeds from this latest financing round will be used to invest in the growth of the team and extend product offerings beyond the credit card.

On December 5, 2017, the Senate sitting en banc unanimously approved the bill of the Financial Technology Institutions Law (Ley de Instituciones de Tecnología Financiera) ("Fintech Law")...

The applicable regulation to financial technology institutions set forth the obligation to appoint a compliance officer.

On October 19, 2017, President Enrique Peña Nieto submitted to the Mexican Congress a proposal to adopt a Financial Technology Institutions Act...

Regulación secundaria en materia de activos virtuales y modelos novedosos.

On March 9, 2018, the federal Executive branch, published in the Federal Official Gazette the Financial Technology Institutions Law, which will become in force on March 12, 2018.

On February 21, 2018, the Treasury Commission of the Chamber of Deputies approved the bill of the Financial Technology Institutions Law with twenty-two votes in favor and one against.

The lawyers in our banking and finance department remain at your service in case any doubts regarding the content of this information note.

¿Quieres conocer los retos y oportunidades que tienen las nuevas tecnologías para la protección de la propiedad intelectual en México?

Mexico and Malta are pioneers at a worldwide level in provide legal framework focused on Fintech.

Mexico is currently in the 59th position of the Most Innovative Countries in the World in 2019 according to the Spectator Index. This in itself is wrong. One thing we know is our county is full of every day innovation