The Energy Reform recently approved by the Mexican Congress offers great opportunities to companies that want to expand into the energy sector in Mexico. But corruption levels in the energy sector remain pervasive, posing an ongoing risk to all participants. The reform legislation seeks to reduce corrupt behavior by officials…
Baker & McKenzie has released its first global client survey on Social Media. Based on the responses from international…
The Organization for Economic Cooperation and Development (OECD) on December 2, 2014 released its first-ever analysis of anti-bribery…
On 3 December 2014, Transparency International (“TI”) launched its latest Corruption Perceptions Index (“CPI”) 2014. The CPI ranks countries and territories based on how corrupt their public sector is perceived to be. In this latest CPI, 175 countries are included. Significance of the CPI The CPI Index was established in 1995 as a…
The Mexican Consumer Protection Agency (PROFECO) imposed fines on major e-commerce retailers even though no consumer complaint was…
On 23 October 2014, Transparency International published a report which analyzed the enforcement of the the Organisation for…
19 June 2014 – On May 23, 2014 a New Mexican Competition Law, approved by the Mexican Congress on April 29, 2014, was published in the Official Federal Gazette. The New Law will come into force on July 7, 2014, introducing some major changes to the antitrust framework in Mexico.…
Mexican newspaper “El Financiero” reported on 13 May 2014 that there has been a significant drop of luxury…