Mexico City
Currency fluctuations and their impact on corporate taxation in Latin America, a key issue for investment in the region
In a region long known for volatility in exchange rates, whether or not tax accounting can be kept in foreign currency and how exchange differences are treated for tax purposes are crucial matters for multinationals operating all over the continent…
Counter-reform of Mexican electricity system in the spotlight: state of play
The electricity system has been a big focus point in Mexico in recent years and is now attracting attention after the government’s attempt to implement changes (particularly the sought constitutional reform). This article describes the state…
Transactional elements to be considered in relation to notifications to the competition authorities in Latin America
In an earlier edition of our Latin American Viewpoints newsletter (see here), we analyzed the main provisions applicable to notification of mergers and acquisitions in Chile, Peru, Colombia and Mexico. In this second part, we examine a…
Circular economy: what is it and how could it benefit Latin America?
The circular economy presents itself as an alternative to the current production and consumption model. It is built around the aim to decouple economic activity from consumption of finite resources and to transition to the use of renewable energy…
Mexican Supreme Court of Justice dismisses Constitutional Controversies on the amendments to the Electricity Industry Law
The highest tribunal of the country has not analyzed the merits of the cases, considering that there was a lack of legitimate interest.
Social infrastructure in Latin America - present and future
Social infrastructure projects are booming in Latin America. Certain innovative tools such as public-private associations (or alliances) are becoming more relevant as an increasingly attractive option to materialize such projects, by guaranteeing…
Mexican Chamber of Representatives discarded the constitutional reform in the electricity industry
The vote on the initiative, which, among other measures, intended to grant a majority and advantageous stake to state-owned companies, failed to reach the super-majority vote of two thirds established by the Federal Constitution.
Mexico: The Energy Regulatory Commission issued new rules for the processing of electricity generation permits
The novelties translate into an increase in the regulatory burden: the requirements to accredit the legal, technical and financial capacities of the applicants and the obligations they assume when the permit is granted are increased.
Latin American Viewpoints - April 2022
Resolution of the Supreme Court of Justice of Mexico on the Action of Unconstitutionality of the amendments to the Electricity Industry Law: where are we, and where are we going to?
On April 5 and 7, 2022, the Plenary of the National Supreme Court of Justice (SCJN) discussed the draft resolution for the unconstitutionality action 64/2021 filed by some Senators of the Congress of the Union against certain articles of the…
Real estate investment and finance trends in Latin America
The pandemic, the global economic climate, and the political situation in Latin America have changed the course of real estate investment in the region. The new scenario has seen a rise in alternative mechanisms for the industry's assets. In…
NPLs and REOs in Spain, Portugal and LatAm: more securitizations and transactions in Southern Europe
NPL transactions continued in the first quarter of 2022. Spain and Portugal were the most active jurisdictions with our Madrid, Barcelona and Lisbon offices playing a leading role.