Locke Lord LLP (JD Supra Mexico)
2 results for Locke Lord LLP (JD Supra Mexico)
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Mexican Anti-Corruption Law Enters Into Effect
On July 19, 2017, Mexico’s new General Law of Administrative Responsibilities (Ley General de Responsabilidades Administrativas) (“GLAR”) went into effect. The GLAR punishes bribery of government officials, as well as bribery by Mexican persons of foreign public officials. The reach of the GLAR extends to individuals as well as companies. It replaces the 2012 Anti-Corruption Law on Public...
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Q&A Series: Timing of Bid Rounds in Mexico
What’s the next step in the Mexico bid rounds process? JKA: Five sectors have been designated for bidding in Round One; Shallow Water; Heavy Oil; Unconventionals, including natural gas; Onshore and Deepwater. To begin, there will be a call for bids in each of the sectors followed by: (i) the issuance of public bidding rules, (ii) data room postings and access, (iii) clarification meetings, (