About
Provided by Greenberg Traurig, LLP
Recent legislative changes in the Mexican banking and financial sector aim to improve the corporate governance and capitalization of Mexican banks and other financial institutions in order to avoid conflicts of interest, fortify the entire financial system and increase lending. The banking, brokerdealer and insurance sectors are well capitalized and subject to strict regulatory surveillance and compliance requirements.
While legislation requires banks to continue maintaining strict controls, the reform seeks to incentivize banks to increase lending and have a more active role in the economy. As part of these objectives, there were amendments to the insolvency law and the laws regulating secured lending transactions.
Our Banking and Finance Practice has broad experience representing clients both in the transactional and the regulatory arenas. We understand the business and objectives of financial institutions and offer an experienced and creative perspective through our lawyers’ knowledge of the industry, market conventions and business cycles.
Our experience and understanding of both market standards and the expectations and concerns of lenders with regard to various types of credit facilities, along with the resources available to our global firm platform, contribute to our ability to assist both lenders and borrowers effectively and efficiently.
