SOLCARGO | Mexico | 1 Apr 2019
Nowadays, it is very common to find on any contracts (leasing, loans, credit, insurance, purchase, among others) a clause stating that any of the…
SOLCARGO | Mexico | 4 Feb 2019
According to the Federal Constitution (Article 17) and the international trades subscribed by the Mexican government, one of the most sacred human…
SOLCARGO | Mexico | 28 Nov 2018
Rules issued by the National Banking and Securities Commission ("CNBV") require fintech companies to appoint a compliance officer to establish…
SOLCARGO | Mexico | 17 Oct 2018
The provisions published on September 10th, in the Mexican Official Gazette (the "Provisions") mention the minimum equity requirements a fintech must…
SOLCARGO | Mexico | 8 Oct 2018
Since 2012, after an important Human Rights Constitutional reform on 2011, Mexican Federal Courts have had different interpretations and have issued…
SOLCARGO | Mexico | 20 Sep 2018
In accordance with the Financial Technology Institutions Law ("Fintech Law"), fintech companies must comply with a series of standards to operate as…
SOLCARGO | Mexico | 24 Jul 2018
On July 13, 2018 the Decree amending the General Law on Climate Change (GLCC) was published in the Mexican Official Gazette. The Decree addresses…
SOLCARGO | Mexico | 10 Jan 2018
According to article 16 of the Mexican Commercial Insolvency Law (in Spanish "Ley de Concursos Mercantiles"), a foreign company can be declared under…
SOLCARGO | Mexico | 24 Jul 2017
According to the Commercial Insolvency Law in México, the Bankruptcy Court is the “director” of the proceeding, and has all the powers and…
SOLCARGO | Mexico | 22 Jun 2017
All companies, including those in bankruptcy, need access to cash to continue operating. Companies are usually driven into bankruptcy due to a…