On December 28, 2023, a major decree amending, repealing and adding provisions to the Securities Market Law and the Investment Funds Law was published in the Official Gazette of the Federation. Effective December 29, 2023, the decree represents a significant development in Mexico’s financial landscape.
Significant changes:
These amendments create new opportunities for individuals and small and medium-sized enterprises to participate in the securities market and various investment funds. Their principal aim is to benefit the economy by facilitating access and enhancing protection for smaller investors and businesses in the securities market.
New investment vehicles, including hedge funds, are introduced, with the prospect of a positive impact on Mexico’s securities market.
The general provisions to be issued by the National Banking and Securities Commission (CNBV) will be essential to understanding the amendments to both laws in detail.
Please contact us if you have questions or need advice on how these amendments may affect your investment strategies or business operations.
Read the decree here