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Artificial intelligence (AI) continues to transform the workplace. Much like in countries across the globe, the benefits of new AI technology are gaining traction in Latin America. However, employers should be aware of its risks, particularly in our regions’ context

“Nearshoring” in Mexico is currently a hot topic for multinational companies considering moving business and manufacturing closer to home. COVID-19-era global supply chain disruptions and changes to the global economy are causing companies to reexamine their sourcing options and relocating to Mexico has much appeal. According to an analysis by the McKinsey Global Institute, in 2021, American investors put more money into Mexico – buying companies and financing projects – than into China.

On 20 April 2023, a bill of law was published, approval pending, to amend the Federal Consumer Protection Law to prohibit suppliers of goods, products or services from charging a commission or additional fee to consumers when they use a debit or credit card as a payment method instead of cash. The foregoing is motivated by the fact that this practice of some suppliers is detrimental to the consumers’ economy and discourages the use of debit or credit cards as a payment method.

Join us for a four-part webinar series as our US moderators welcome colleagues from around the globe to share the latest labor and employment law updates and trends. US-based multinational employers with business operations in Asia Pacific, Europe, the Middle East and Africa, and the Americas regions will hear directly from local practitioners on the major developments they need to know, and come away with practical tips and takeaways to implement.

The United States-Mexico-Canada Agreement went into force on 1 July 2020, replacing the North America Free Trade Agreement to support mutually beneficial trade between the parties. In this video, Baker McKenzie lawyers from each country share their reflections and the insights they’ve gained during the almost three years since the USMCA took effect.

On 17 February 2023, and pursuant to its obligations under the United States-Mexico-Canada Agreement (USMCA), Mexico’s Ministry of Economy published in the Federal Official Gazette the much-anticipated Administrative regulation that sets forth the goods which importation is subject to regulation by the Ministry of Labor and Social Welfare (Forced Labor Regulation), which prohibits the importation of goods produced with forced labor. Once Mexico’s Forced Labor Regulation becomes effective on 18 May 2023, all three members of the USMCA trade block, Mexico, Canada, and the United States, will have prohibitions and restrictions on the importation of goods made with forced labor.

The Mexico Ministry of Labor and Social Welfare has announced that it will carry out an estimated 42,000 inspections in 2023. The inspections carry the possibility of significant fines and penalties issued on per employee/ per violation. It is imperative for employers to train personnel and response teams on best practices for managing potential inspections and mitigating risk, including maintaining all necessary information and documents that must be supplied during an inspection.
In this Quick Chat video our Labor & Employment lawyers along with the Managing Partner for Baker McKenzie’s Mexico offices discuss the inspection program and provide tips to help employers prepare.

The Investigating Authority of the Federal Economic Competition Commission published on 2 March 2023, the notice of initiation of an investigation for alleged horizontal monopolistic practices, also known as cartel practices, consisting in agreements between competitors to coordinate their bids in tenders by the Mexican Public Health sector to acquire radiological equipment and related products. Cartel Practices in the public health sector have been consistently considered by COFECE as a serious offense, as such acts have a direct impact on the number and quality of medical supplies purchased with public resources by government institutions for the care of the population.

On 8 March 2023, the Government Body of the National Hydrocarbons Commission published in the Federal Official Gazette Resolution CNH.E.89.010/2022 containing Guidelines for Assignments, Corporate Changes and Liens applicable to Contracts for the Exploration and Extraction of Hydrocarbons.