ARTICLE
4 March 2024

5 Trends To Watch: 2024 Compliance | Mexico

GT
Greenberg Traurig, LLP

Contributor

Greenberg Traurig, LLP has more than 2,850 attorneys across 49 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm’s broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2024 BTI “Leading Edge Law Firm” for anticipating and meeting client needs, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. 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.

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