Miguel Gallardo Guerra

Practice Areas

Miguel Gallardo Guerra is a founding partner of bgbg, a prominent Mexican law firm recognized for providing strategic, business-focused legal counsel across highly regulated industries. As head of the firm’s Banking, Finance, Fintech, and Compliance practices, Miguel has earned a strong reputation advising leading financial institutions, fintech innovators, and corporate clients on complex regulatory and transactional matters in Mexico’s dynamic financial ecosystem.

Banking and Financial Regulation

Miguel offers comprehensive legal advice on banking and financial regulation, assisting a broad range of institutions including banks, investment firms, insurers, and credit unions. His counsel spans licensing, regulatory compliance, governance, and risk management. He frequently supports:

(i) Authorization processes before the National Banking and Securities Commission (CNBV) and other financial regulators.

(ii) Structuring and launching regulated financial products.

(iii) Legal audits, internal investigations, and supervisory inspections.

(iv) Ongoing compliance with Mexican and international financial laws.

He is particularly adept at guiding foreign financial institutions entering the Mexican market, crafting strategies that reconcile local compliance requirements with global standards.

Finance and Lending Transactions

Miguel represents borrowers, lenders, and investors in diverse financing operations, including syndicated loans, secured lending, project finance, and cross-border transactions. His work includes:

(i) Corporate and acquisition finance.

(ii) Structuring collateral and enforcement mechanisms in Mexico.

(iii) Real estate and infrastructure financing.

(iv) Navigating restrictions on foreign capital and investment.

His ability to balance legal precision with commercial pragmatism makes him a key legal partner in complex financial transactions.

Fintech and Innovation

As a leading voice in Mexico’s fintech legal landscape, Miguel advises startups and established fintechs on the legal design and regulatory approval of innovative financial models. His expertise includes:

(i) Licensing of Electronic Payment Fund Institutions (IFPEs) and Crowdfunding Institutions (IFCs).

(ii) AML compliance, cybersecurity, and KYC tailored for digital platforms.

(iii) Structuring neobanks, embedded finance products, and API-driven services.

Fintech-bank partnerships and cross-border data regulation

He helps fintech companies thrive in a highly regulated market while remaining agile and scalable.

Compliance and Anti-Money Laundering (AML).

Miguel also leads the firm’s Compliance and AML practice, advising companies on the development and implementation of effective compliance programs. His services include:

(i) Risk-based AML frameworks and UIF reporting compliance.

(ii) Internal investigations and remediation plans.

(iii) Drafting internal policies, codes of conduct, and whistleblower protocols.

(iv) Global compliance alignment with FATF, FCPA, and EU AML standards

Cross-Practice and International Insight

Miguel’s strength lies in integrating legal disciplines to deliver holistic advice. He frequently supports fintech M&A, digital payments infrastructure, and regulatory due diligence. Fluent in English and Spanish, Miguel is known for his client-first approach, clear communication, and ability to bridge domestic law with global expectations—earning him recognition as a trusted advisor in Mexico’s financial and regulatory sectors.

Career

Miguel Gallardo Guerra is a senior partner and managing director at the law firm Bello, Gallardo, Bonequi y García, SC (bgbg), head of the banking, finance, fintech, and compliance practice areas.

Projects regularly undertaken by Miguel Gallardo-Guerra are mainly focused on banking, compliance, fintech, anti-money laundering, and finance matters, providing services to Mexican and foreign financial institutions, such as financial groups, banks, brokerage firms, securities brokers, fintech entities, insurance companies, investment bankers, mutual funds, non-bank financial institutions, and representative offices.

Professional Memberships

Miguel Gallardo-Guerra has been certified by the National Banking and Securities Commission as a compliance officer and anti-money laundering expert, by the Superior Court of Justice in Mexico City as a Certified Translator (English - Spanish - English), as well as by the National Insurance and Bonding Commission as an insurance contract expert. He has also been appointed as a member of several boards of directors, an external compliance officer of several banking and financial institutions, and a law professor at the Ibero-American University School of Law.

Publications

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Mexico Chapter. Page 207

Personal

Leading partner in promoting pro bono work, Miguel Gallardo Guerra has played a key role in institutionalizing a culture of social responsibility within bgbg. Over the past five years, the firm’s pro bono efforts have grown significantly, becoming a core element of its identity and values. Today, bgbg is widely recognized as one of the leading law firms in Mexico in the field of pro bono legal services.

Clients

Afore Sura,

Afore XXI Banorte,

Agree,

Aig Seguros,

Airbnb,

Akaan Casa De Bolsa,

Alternativa Financiera Prosesa,

Amicorp México,

Aon,

Aon Benfield,

Ariza De México,

AXA,

Banamex,

Sabadell,

Banco Santander,

Baufest,

Bayport México,

Becton Dickinson de México,

Beel Infra (Ckd),

Blackrock,

Bloom Emprendedores,

Braskem Idesa,

Braskem México Proyectos,

Capital Vertical Promotora Empresarial,

Charles Taylor,

Citibank,

Compagnie Financière Richemont,

Confiamigo,

Corporativo Sports World,

Crecer Solución Inmediata,

Credi Solution

Crediaxes,

Credicohete,

Credisocial,

Crédito Especializado Stándar,

Daimler Financial Services,

Deutsche Bank México,

Deutsche Securities,

Element Fleet Management,

Finae,

Finalux,

Fincrece,

Fondo Capital Cpab,

Grupo Capital Vertical,

Diblo Corporativo,

Grupo Puente Empresarial,

Impulso Crediticio Empresarial,

Jah Insurance Brokers,

Juntos Financiera,

Klar,

Konfio,

Mercado Pago,

Metlife,

Morgan Stanley,

Trustee Of The Montreux Trust,

Multi-Apoyos De Capital,

Mutua Altiplano,

Navistar,

Nu Mexico,

Onsigna Holdings,

Palace Resorts Capital,

Preminen México,

Préstamos De Volada,

Pretmex,

Prudential Seguros México,

Real Estate Sellers,

Revolt Servicios a la Tecnología,

Rianta Capital Zurich,

Sabcapital,

Sandvik,

Scotiabank,

Seguros Sura,

Servicios Liquick,

Tempest Capital,

Uber Fintech,

Ubs,

Vinta Capital,

Vision F México,

Volkswagen Bank,

Vwr International,

Iniciativa Empresarial del Norte,

Centro Cambiario Interleu,

Credileal,

Moneyveo Mexico,

Banco Credit Suisse Mexico,

Mintos Marketplace,

Fincaluxor,

Savannah Breeze,

Citi Mexico Casa De Bolsa,

Satoshi,

Servicios Estrategicos Cmh,

Sdmx Superdigital,

Toro Pagos,

Emprende Con Movi,

Newport Financial,

Pay Retailers Group,

Available Finances,

Apoyometas,

Nielsen Media Mexico,

Garnet Collect,

Pagadoor Recaudadora De Pagos,

Proeza,

Openbank Mexico,

Orange Business Services Mexico,

Bybit Technology Limited,

Deutsche Bank Ag New York Branch,

Thyssenkrupp,

Voestalpine Bohler Welding Mexico,

Complif,

Canadian Solar Energy Mexico,

Photoemeris Sustentable,

Kravata,

Traton Financial Services Mexico,

Bcysa Servicios Digitales,

MP Agregador,

Grupo Rotoplas,

Universidad del Valle de México.

Expert in these Jurisdictions

Mexico

Languages Spoken

Spanish and English

Education