On April 4, 2024, the Decree amending Section III of Article 994 of the Federal Labor Law (the "LFT") was published in the Federal Official Gazette, which establishes fines for non-compliance by the employer regarding certain obligations. The fines established in
On April 3, 2024, the Mexican Supreme Court of Justice ("SCJN") ruled on the amparo in review 633/2023 ("Amparo"). This ruling determined that the limit on profit sharing to employees ("PTU") equivalent to three months of the employee's salary or
On March 22, 2024 the agreement number ACDO.AS2.HCT.270224/37.P.DIR issued by the Technical Council of the Mexican Social Security Institute (the "Council") was published in the Official Gazette of the Federation. The aforementioned agreement includes the criterion number 01/2024/NV/SBC-LSS-27-I (the "Criterion"), which
On March 26, 2024, a decree was published in the Official Gazette of the Federation amending the General Law of Negotiable Instruments and Credit Transactions, allowing the issuance of electronic negotiable instruments. This reform follows the trend shown by legislators to
On March 26, 2024, a decree was published in the Official Gazette of the Federation amending the General Law of Negotiable Instruments and Credit Transactions, allowing the issuance of electronic negotiable instruments. This reform follows the trend shown by legislators to
On March 22, 2024, the Technical Council of the Mexican Social Security Institute published agreement number ACDO.AS2.HCT .270224/35.P.DIR., through which the General Guidelines for the forgiveness of fines in the Mexican Social Security Institute were approved. The aforementioned guidelines seek to
On March 21, 2024, the Technical Council of the Mexican Social Security Institute published agreement number ACDO.AS2.HCT .270224/34.P.DIR., through which it approved the modification to Rule Five of the "General Rules for obtaining the opinion of compliance with social security
On March 13, 2024, the Mexican Supreme Court of Justice ruled on amparo in review 849/2023. As a consequence of this resolution, the content of article 37 of the Law of the Retirement Savings Systems, regarding the maximum percentage that
On March 7, 2024, NOM-006-STPS-2023 ("NOM") was published in the Official Gazette of the Federation ("DOF"). This Mexican Official Standard addresses occupational safety in facilities where storage and material handling activities are carried out through the use of machinery. The NOM
On December 28, 2023, a decree was published in the Official Gazette of the Federation amending and adding several provisions of the Securities Market Law (the "Market Law") and the Investment Funds Law (the "Funds Law"). Securities Market Law The purpose of