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Functions of COFECE include approval of mergers and acquisitions, investigating and penalizing monopolistic conduct, authorizing business activities in regulated sectors, and advocacy for competition in the marketplace. Article 28 of Mexico's constitution prohibits monopolies, but a more complete competition policy was set out in the LFCE (1993).
In Mexico, the Comisión Nacional Bancaria y de Valores (CNBV) (English: National Banking and Securities Commission) is an independent agency of the Secretariat of Finance and Public Credit (Mexico) (SHCP) body with technical autonomy and executive powers over the Mexican financial system. Its main role is to supervise and regulate the entities ...
The electricity sector in Mexico relies heavily on thermal sources (74% of total installed capacity), followed by hydropower generation (22%) in 2005. [20] The largest hydro plant in Mexico is the 2,300 MW Manuel Moreno Torres in Chicoasén, Chiapas. This is the world's fourth most productive hydroelectric plant. [21]
Mexico’s president vowed Monday to try to eliminate almost all remaining government oversight and regulatory agencies before he leaves office on Sept. 30, claiming they are “useless" and cost ...
The United States will partner with Mexico to explore semiconductor supply chain opportunities, the State Department said on Thursday, as the Biden administration pushes to reduce reliance on ...
China Banking Regulatory Commission (2003–2018), China Insurance Regulatory Commission (2003–2018), China Banking and Insurance Regulatory Commission (2018–2023), and Financial Stability and Development Committee (2017–2023) Hungarian Financial Supervisory Authority (2000–2013) Financial Regulator (Ireland) (2003–2010)
Mexico's major codes regarding public law are the Federal Criminal Code (the criminal code) and the National Criminal Procedure Code (the code of criminal procedure). [ 1 ] [ 2 ] Other codes of importance include the Fiscal Code ( Codigo Fiscal de la Federacion ) ( tax law ) and the Federal Labor Law ( Ley Federal del Trabajo ) ( Mexican labor ...
Environmental officials in New Mexico took initial steps Monday toward regulating the treatment and reuse of oil industry fracking water as the state grapples with scarce water supplies and fossil ...