Comparative Guides

Welcome to Mondaq Comparative Guides - your comparative global Q&A guide.

Our Comparative Guides provide an overview of some of the key points of law and practice and allow you to compare regulatory environments and laws across multiple jurisdictions.

Start by selecting your Topic of interest below. Then choose your Regions and finally refine the exact Subjects you are seeking clarity on to view detailed analysis provided by our carefully selected internationally recognised experts.

4. Results: Answers
FinTech
8.
Innovation
8.1
How is innovation in the fintech space protected in your jurisdiction?
Mexico

Answer ... No specific innovation protection regulations for fintech companies are currently in place.

For more information about this answer please contact: René Arce Lozano from Hogan Lovells, Mexico
8.2
How is innovation in the fintech space incentivised in your jurisdiction?
Mexico
The Mexican authorities have not issued specific legislation regarding innovation protection for fintech companies. As mentioned in question 1.2, innovation is promoted through a regulatory sandbox, which provides fintech companies with a testing ground for new business models not covered by existing regulations. The regulatory sandbox allows fintech companies to experiment with innovative products in a controlled environment with limited regulatory oversight.

Additionally, the Financial Technology Institutions Law created the Financial Innovation Group, a forum for start-ups, banks and public sector entities to promote fintech development in Mexico.

For more information about this answer please contact: René Arce Lozano from Hogan Lovells, Mexico
Contributors
Topic
FinTech