ARTICLE
4 March 2024

5 Trends To Watch: 2024 Compliance | Mexico

GT
Greenberg Traurig, LLP

Contributor

Greenberg Traurig, LLP has more than 2750 attorneys in 48 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2024 BTI “Leading Edge Law Firm” for delivering on client expectations for the future and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.
The U.S. Department of Justice (DOJ) is likely to continue strengthening anti-corruption enforcement throughout the Americas.
Mexico Compliance
  1. Anti-Corruption Measures – The U.S. Department of Justice (DOJ) is likely to continue strengthening anti-corruption enforcement throughout the Americas.

  2. Data Privacy and Cybersecurity Compliance – With an increased focus on data protection globally, Mexico may see a rise in regulatory expectations and enforcement related to data privacy, which will result in comprehensive compliance strategies.

  3. Environmental, Social, and Governance (ESG) Compliance – Growing awareness of ESG considerations may result in companies doing business in Mexico placing greater emphasis on corporate responsibility, prompting them to integrate sustainable practices into their compliance frameworks.

  4. Supply Chain Compliance – Expect heightened scrutiny on supply chain practices, with an emphasis on transparency, ethical sourcing, and compliance with labor standards, reflecting a global trend in responsible business conduct.

  5. Digital Compliance Challenges – As businesses in Mexico embrace digital transformation, compliance efforts will likely need to adapt to address new risks associated with cybersecurity, digital transactions, and the use of emerging technologies.

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Find out more and explore further thought leadership around Compliance Law and Corporate Compliance

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More