Mexican Decree Imposes New Equity Holder And Shareholder Registry Record Obligations - Corporate/Commercial Law - Mexico Law Articles in English - Mondaq Business Briefing - Books and Journals - VLEX 731003013

Mexican Decree Imposes New Equity Holder And Shareholder Registry Record Obligations

Author:Mr Manuel Romano and Arturo De La Parra
Profession:Jones Day
 
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The Mexican Federal Official Gazette, on June 14, 2018, published a decree amending some provisions of the Mexican General Law of Commercial Companies. This decree imposes new obligations on companies in Mexico with respect to the equity holders/shareholders registry records.

The decree mandates that companies must give notice through the Ministry of Economy's electronic system, indicating any equity/share transfer executed by their equity holders/shareholders. The notice must provide the name, nationality, and domicile of the new equity holder/shareholder.

The Ministry of Economy will keep confidential all the information provided in the notice, except if the information is required by judicial or administrative authorities in exercise of their...

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