Mexico City, September 2025 – Nader, Hayaux & Goebel (NHG) is pleased to announce the publication of the article “ Disclosure obligations of listed companies in Mexico,” authored by partner Jenny Ferrón and associates Roberto de la Vega and Santiago González.

The report provides an in-depth analysis of the benefits of listing on Mexico’s two principal securities exchanges—the Bolsa Mexicana de Valores (BMV) and the Bolsa Institucional de Valores (BIVA)—focusing on how companies can leverage increased liquidity, a broader shareholder base, and enhanced market visibility.

The study emphasizes the comprehensive disclosure obligations mandated by the Securities Market Law (Ley del Mercado de Valores – LMV), the Rules for Issuers issued by the Comisión Nacional Bancaria y de Valores (CNBV), and the internal rules of the exchanges. These include periodic reports such as annual and quarterly financial statements, as well as the timely disclosure of relevant material events that could influence investor decisions or securities’ market value.

Furthermore, the article explores recent regulatory developments requiring companies to publicly disclose major corporate actions, ownership stakes exceeding 10%, and significant transactions related to mergers or restructurings. The authors highlight how adherence to these transparency protocols fosters investor confidence and mitigates legal and regulatory risks.

The publication also underscores the potential penalties for non-compliance, which range from fines to delisting, reinforcing the importance of robust internal compliance systems for Mexican and foreign issuers operating in the country.

With this analysis, NHG continues to reaffirm its leadership in advising clients on securities regulation, corporate governance, and compliance strategies, supporting organizations in navigating Mexico’s evolving capital markets framework.

For further insights or guidance on securities listing and disclosure strategies in Mexico, please contact our team.

Mexico City, September 2025 – Nader, Hayaux & Goebel (NHG) is pleased to announce the publication of the article “Judicial Review of Insurance Contracts: Implications of the Ex Officio Inapplication of Abusive Clauses”, authored by associate Mauricio López and intern Miranda Ibarra. The study addresses the legal implications of the recently published Isolated Thesis 2030525 (June 13, 2025), which expressly recognizes the authority of Mexican courts to identify and disregard abusive clauses in adhesion contracts, particularly in the insurance sector, without the need for consumers to raise such claims at trial.

Adhesion contracts, widely used in the insurance industry, are typically drafted unilaterally by insurers and often impose disproportionate or unbalanced conditions on policyholders. The new judicial criterion, grounded in Article 28 of the Mexican Constitution and aligned with international standards such as EU Directive 93/13/EEC, strengthens consumer protection by empowering judges to intervene proactively.

The article highlights how this development introduces a new layer of responsibility for insurers, requiring them to review and adapt their contractual models to avoid the inclusion of abusive provisions. Proactively adopting clearer and more balanced terms not only enhances legal certainty but also mitigates litigation risks arising from judicial review.

With this analysis, NHG continues to contribute thought leadership on key regulatory and judicial developments affecting the insurance industry in Mexico, reaffirming its position as a leading firm in insurance, regulatory compliance, and dispute resolution.

Nader, Hayaux & Goebel (NHG) is proud to contribute to the Chambers and Partners 2026 Latin America guide with the Mexico overview for 2025. This publication provides a comprehensive analysis of key legal and regulatory developments shaping the Mexican market.

The Mexico chapter was authored by NHG partners Michell Nader and Julián Garza. The overview covers the current macroeconomic context, including GDP projections, trade dynamics with the United States under USMCA, and the impact of recent constitutional and legal reforms on investment and business activity. It highlights major developments in judicial reform, regulatory agencies, energy, infrastructure, telecommunications, tax policies, and capital markets.

The publication offers practical insights into government policies, including Mexico´s National Development Plan 2025-2030, which prioritizes infrastructure, energy, mobility, ports, railways, and water projects, and outlines the administration’s strategy to foster private investment while ensuring energy self-sufficiency and sustainability. It also addresses emerging trends in arbitration, regulatory compliance, and tax incentives aimed at promoting investment and innovation in Mexico.

NHG continues to advise national and international clients across a wide range of sectors, including energy, infrastructure, telecommunications, and financial markets, helping them navigate the evolving legal landscape and capitalize on investment opportunities.

For more information or legal guidance regarding Mexico’s regulatory and investment environment, please contact our team at Nader, Hayaux & Goebel.

Nader, Hayaux & Goebel (NHG) is proud to announce its contribution to the Legal500 Mexico – TMT Guide, with a chapter authored by partner Julián Garza and associate Paulina Bracamontes. The publication provides a country-specific overview of the legal and regulatory framework governing the Technology, Media & Telecommunications (TMT) sector in Mexico.

The chapter addresses key issues such as:

• Protection of software and related materials under Mexican copyright law and restrictions on patenting software.
• Licensing and SaaS agreements, liability caps, and common market practices.
• Export control laws applicable to software and technology transfers under the Foreign Trade Law.
• IT outsourcing and labor regulation, including REPSE registration requirements.
• The regulatory framework for telecommunications and broadcasting, including recent institutional changes.
• Data protection and privacy developments, including new federal privacy laws.
• Cybersecurity obligations, risks, and sanctions.
• Emerging trends in artificial intelligence, blockchain, digital platforms, and interoperability.

With this contribution, NHG reaffirms its leadership in advising clients on technology regulation, data privacy, digital transformation, and the evolving TMT landscape in Mexico.

Read the full chapter here: Legal500 Mexico – TMT Guide

Nader, Hayaux & Goebel (NHG) is proud to contribute to The Legal 500 – Country Comparative Guide: Capital Markets – Mexico. This guide provides a practical overview of key trends and legal developments in the Mexican capital markets sector.

The Mexico chapter was authored by NHG partners Gunter Schwandt y Ana Paula Tellería, together with associates Alfonso Díaz y Carlos Pérez.

The publication offers insights into the current regulatory environment, recent activity in debt and equity markets, and legal considerations affecting issuers, underwriters, and investors operating in the Mexican capital markets. It also outlines the key legal frameworks that govern securities offerings, disclosure obligations, regulatory approvals, and market practices in Mexico.

NHG has built a strong reputation as a leading firm in capital markets, advising on some of the most sophisticated and high-value transactions in the country. Our team regularly represents financial institutions, issuers, sponsors, and underwriters in local and cross-border public and private offerings, securitizations, and structured finance transactions. To read the full chapter, please click the following Link.

For more information or legal guidance on capital markets in Mexico, please contact our team at Nader, Hayaux & Goebel.

Mexico City, July 1, 2025 – Nader, Hayaux & Goebel (NHG) is proud to announce that Yves Hayaux-du-Tilly , has authored the Mexico chapter for the International Encyclopaedia of Laws – Insurance Law, published by Kluwer Law International.

This prestigious publication provides a comprehensive overview of insurance laws and regulations applicable in Mexico. The chapter offers an in-depth analysis of the Mexican insurance legal framework, including licensing requirements, regulatory authorities, corporate governance, solvency and capital requirements, distribution of insurance products, reinsurance structures, and dispute resolution mechanisms. It also explores recent developments, key trends, and challenges impacting the insurance sector in Mexico.

The International Encyclopaedia of Laws – Insurance Law is a widely recognized and respected resource that serves as an essential reference for legal practitioners, academics, multinational corporations, and professionals operating in the insurance and reinsurance industries worldwide.
NHG’s participation in this publication reflects our firm’s commitment to contributing to the global legal community and reinforces our position as a leading firm in the insurance and reinsurance sectors in Mexico and Latin America. Our insurance practice is renowned for its deep understanding of the legal and regulatory environment, as well as its ability to provide strategic, high-value advice to both domestic and international clients.

Mexico City, June 10, 2025 – Nader, Hayaux & Goebel (NHG), provides an in-depth analysis of the latest comprehensive 2025 analysis of Mexico’s legal and enforcement landscape regarding cartels. Published as part of Chambers and Partners’ Cartels 2025 Global Practice Guide, this in-depth contribution examines the key features, recent developments, and practical implications of cartel regulation in Mexico under the current framework.

Authored by Partner Alejandro Mendiola, Of Counsel Pedro Alcalá, and Associate Benjamín  Salinas, the guide offers a thorough overview of the Federal Economic Competition Law (LFCE) and the role of the Federal Economic Competition Commission (COFECE) as the principal enforcement authority in cartel investigations.

The publication analyzes a wide range of procedural and substantive aspects, including:

• COFECE’s investigatory tools and powers, including dawn raids and the use of electronic evidence;
• The step-by-step administrative procedure from investigation through resolution;
• The leniency program, which continues to be a cornerstone of cartel enforcement, and the incentives it offers for early cooperation;
• The methodology for determining fines and the recent increase in enforcement actions and financial penalties;

The guide also reflects on COFECE’s growing institutional maturity and its continued focus on strengthening procedural fairness, transparency, and deterrence, while navigating constitutional and jurisdictional challenges stemming from the Mexican government’s broader institutional reforms.

With deep experience advising both Mexican and multinational clients in cartel investigations and compliance strategies, NHG remains a trusted advisor in the competition law space.

For more information or to access the full guide, visit https://practiceguides.chambers.com or contact the Competition & Antitrust team at Nader, Hayaux & Goebel.

Nader, Hayaux & Goebel (NHG) contributed to Ganar-Ganar magazine with an article on the role of sustainability, clean energy, and energy efficiency in driving Mexico’s economic recovery.

Authored by Partner Santiago Medina and Associate Ana María Alpízar and Laura Villa the article examines Mexico’s recent constitutional and regulatory energy reforms, highlighting the legal and policy framework promoting private sector participation in clean energy generation and sustainable development.

It provides an overview of the amendments to Articles 25, 27, and 28 of the Constitution and the new CFE Law, which recognize sustainability as a central axis for energy planning and risk management in response to climate change.

The article also underscores the importance of aligning Mexico’s energy transition with global environmental commitments and outlines the opportunities that lie ahead for investors and developers focused on renewable energy.

By emphasizing regulatory certainty and a favorable legal environment, the authors present a forward-looking vision for achieving Mexico’s climate goals while fostering innovation and economic resilience.

NHG authored the Mexico Insurance & Reinsurance Guide to The Legal 500’s 2025, offering a comprehensive overview of the regulatory landscape for insurers and reinsurers in Mexico. The guide covers key topics such as licensing, foreign investment, policyholder protection, and the framework of the National Insurance and Bonding Commission (CNSF), as well as emerging trends in the sector.
https://www.legal500.com/guides/chapter/mexico-insurance-reinsurance/

NHG authored Top Tips for Doing Capital Markets Deals (Mexico) for Practical Law UK, a Thomson Reuters publication, offering essential guidance for foreign counsel involved in capital markets transactions in Mexico. The practice note covers regulatory considerations, trends in the debt and equity markets, and recent legislative amendments, including simplified processes for small and medium-sized companies. It also outlines key challenges for issuers in the Mexican capital markets.

https://uk.practicallaw.thomsonreuters.com/w-037-2160