Photo of Raymundo Vázquez

Raymundo Vázquez

The Interbank Equilibrium Interest Rate (Tasa de Interés Interbancaria de Equilibrio; “TIIE”) has historically been one of the principal benchmark rates in the Mexican financial system, reflecting the cost of interbank funding among banking institutions for various tenors, traditionally 28, 91 and 182 days. This rate is determined and published by Banco de…

On July 16, 2025, a presidential decree (the “Decree”) was published in the Official Journal of the Federation, amending, adding, and repealing several provisions of the General Law on the Forced Disappearance of Persons, Disappearance Committed by Private Individuals, and the National Search System for Missing Persons, as well as…

The First Chamber of Mexico’s Supreme Court of Justice (SCJN) recently issued case decision number 1a./J. 118/2025 (11a.), titled: “Reservation of taxpayer data. Article 69, twelfth paragraph, section VI, of the Federal Tax Code, which provides, as an exception, the forgiveness of tax credit, is a measure that passes the proportionality test.”

In the…

On March 20, 2025, a amendment decree was published in the Official Journal of the Federation that introduces several amendments, as well as new laws regarding transparency and protection of personal data (the “Decree”), including the issuance of a new General Law of Transparency and Access to Public Information, a new General Law on the…

The integration of commercial trade within North America is moving forward, and companies are looking to take advantage of the benefits that Mexico has to offer. With the rise in labor and transportation costs in China, ongoing trade wars, the war in Ukraine and growing concerns over resiliency, many supply chains have been disrupted. As…