BGBG is one of the few Mexican law firms with a practice exclusively dedicated to data protection and privacy matters. How is it that you came to this? Héctor: Back in 2011, when we started this practice, there was little knowledge and interest in Mexico in data protection. Some colleagues even said to me that …
Protecting the users of financial services should always be a priority for any government. In order to comply with this obligation, the Mexican state created a government entity to protect the interests of users of financial services, including services rendered and products sold by insurance companies. That entity is the National Commission for the Protection …
Continue reading “Protecting the interests of financial services’ users”
More than two years have gone by since the world confronted a new reality and a new way of living due to the Covid-19 pandemic. Social distancing policies necessitated adjustments to routines, family and work life, and economic stability as the impossibility of continuing with daily activities as usual came to the fore. All these …
Continue reading “Corporate governance meetings in the face of social distancing”
After a series of long-winded negotiations between the federal government, employees’ representatives and the entrepreneurial sector, the Mexican Congress approved, and the federal government enacted on 23 April 2021 the much prophesied labour reform to ban outsourcing through significant amendments to the Mexican Federal Labour Law (FLL), Federal Fiscal Code, Income Tax Law and Value …
Continue reading “Mexico’s outsourcing ban: rethinking current employment structures”
With a population of almost 130m, a rich cultural history and diversity, and abundant natural resources, Mexico is among the 15 largest economies in the world and the second largest economy in Latin America. The Mexican economy is based on a free market, open to international trade and foreign investment. As one of the most …
In recent years, Mexico has undergone a significant political, social and economic transformation. There are many drivers that have fuelled this transformation, including new government policies, the Covid-19 pandemic and the availability of new technology and big data. The insurance sector is not immune to this transformation, and is presented with important challenges but also …
Continue reading “Trending insurance products in Mexico in 2021”