About HKTDC | Media Room | Contact HKTDC | Wish List Wish List () | My HKTDC |
Save As PDF Print this page
Qzone

Mexico Approves New Law to Streamline Regulations

Mexico recently approved comprehensive legislation aimed at improving and streamlining domestic regulatory requirements and administrative procedures. The objectives of the new law include promoting legal certainty, encouraging the adoption of best international practices, facilitating regulatory compliance, and providing elements that improve the quality and feasibility of government decisions while improving public trust in such decisions. According to President Enrique Peña Nieto, the law represents an antidote against the lack of transparency, corruption, arbitrariness, inefficiency, incongruity and the lack of ethics in public service. He added that the law empowers citizens by providing legal certainty in the timeframes, procedures and costs of the administrative procedures that are carried out before the Mexican government.

More specifically, the law elevates regulatory improvement to state policy status, compelling the government to improve its regulations, simplify all sorts of administrative procedures and provide better services. The law creates a single national system of regulatory improvement, led by the Federal Commission for Regulatory Improvement (COFEMER), that will link all public authorities under a common methodology. This new system will host under a single web portal all federal, state and municipal requirements, and a single filing system will not require users to resubmit documents that were previously filed. Civil society actors will be involved in this new regime through the establishment of a National Observatory on Regulatory Improvement, which will monitor compliance with the regulatory reform objectives.

Content provided by Picture: HKTDC Research
Comments (0)
Shows local time in Hong Kong (GMT+8 hours)

HKTDC welcomes your views. Please stay on topic and be respectful of other readers.
Review our Comment Policy

*Add a comment (up to 5,000 characters)