March 2021

On March 9, 2021, a Decree amending and adding various provisions to the Electricity Industry Law (the “Amendments”) was published in the evening edition of the Official Journal of the Federation (“DOF”). The Amendments became effective the day after publication. The government agencies responsible for implementing the Amendments have 180 calendar days to do so.

Mexico’s recent reforms with respect to tax and labor matters, which began in 2019, have led to an increase in labor inspections and resulted in the imposition of hefty fines. The fines imposed for alleged non-compliance in labor and social security matters are calculated based on the Unit of Measurement and Update (“UMA”). The fines