{"id":19548,"date":"2017-12-07T13:25:48","date_gmt":"2017-12-07T19:25:48","guid":{"rendered":"http:\/\/www.basham.com.mx\/Blog\/?p=1053"},"modified":"2017-12-07T13:25:48","modified_gmt":"2017-12-07T19:25:48","slug":"senate-approves-the-financial-technology-institutions-law-ley-de-instituciones-de-tecnologia-financiera-fintech-law","status":"publish","type":"post","link":"https:\/\/basham.com.mx\/en\/senate-approves-the-financial-technology-institutions-law-ley-de-instituciones-de-tecnologia-financiera-fintech-law\/","title":{"rendered":"Senate approves the Financial Technology Institutions Law (Ley de Instituciones de Tecnolog\u00eda Financiera) (\u201cFintech Law\u201d)"},"content":{"rendered":"<p>Senate approves the Financial Technology Institutions Law (<em>Financial Technology Institutions Law<\/em>) (\u201cFintech Law\u201d)<\/p>\n<p>&nbsp;<\/p>\n<p>Read More<\/p>\n<p>&nbsp;<\/p>\n<p>On December 5, 2017, the Senate sitting <em>en banc<\/em> unanimously approved the bill of the Financial Technology Institutions Law (<em>Financial Technology Institutions Law<\/em>) (\u201cFintech Law\u201d), which was remitted to the Chamber of Deputies for analysis and final approval.\u00a0 It should be noted that the Senate made certain amendments to the original proposal and the most notable change is the removal of Virtual Assets Management Institutions as Financial Technology Institution and the greater emphasis given in the fact that the Central Bank of Mexico will define the requirements for using Virtual Assets.\u00a0 It is estimated that the Chamber of Deputies will pass the Financial Technology Institutions Law during the first semester of 2018.<\/p>\n<p>&nbsp;<\/p>\n<p>The lawyers of the financial and securities law area of our firm are available for any questions or comments on the above.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">Sincerely<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"294\">Miguel Angel Peralta<\/td>\n<td width=\"294\">peralta@basham.com.mx<\/td>\n<\/tr>\n<tr>\n<td width=\"294\">Pedro Said Nader<\/td>\n<td width=\"294\">psaid@basham.com.mx<\/td>\n<\/tr>\n<tr>\n<td width=\"294\">Patrick Seaver Stockdale<\/td>\n<td width=\"294\">pstockdale@basham.com.mx<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: center;\">Mexico City, December 7, 2017<\/p>","protected":false},"excerpt":{"rendered":"<p>Senate approves the Financial Technology Institutions Law (Ley de Instituciones de Tecnolog\u00eda Financiera) (\u201cFintech Law\u201d) &nbsp; Read More &nbsp; On December 5, 2017, the Senate sitting en banc unanimously approved the bill of the Financial Technology Institutions Law (Ley de Instituciones de Tecnolog\u00eda Financiera) (\u201cFintech Law\u201d), which was remitted to the Chamber of Deputies for [&hellip;]<\/p>","protected":false},"author":15,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_crdt_document":"","footnotes":""},"categories":[1312,1264],"tags":[],"class_list":["post-19548","post","type-post","status-publish","format-standard","hentry","category-banking-finance","category-english"],"_links":{"self":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts\/19548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/comments?post=19548"}],"version-history":[{"count":0,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/posts\/19548\/revisions"}],"wp:attachment":[{"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/media?parent=19548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/categories?post=19548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/basham.com.mx\/en\/wp-json\/wp\/v2\/tags?post=19548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}