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Central Register

We commit to exploring interoperability of different data bases regarding public contracts information and business registries.

Country: Mexico

Status: ongoing

Themes: Beneficial ownership

Last updated: December 2020

Classification:

Concrete: Somewhat Concrete | New: Other | Ambitious: Other

  • 13 Evidence:

    Alliance for Open Contracting

    The Ministry of Public Affairs (Secretaria de la Función Pública) created a sub- working group on beneficial ownership

    Funcion Publica 2018-2019

    The Secretariat of the Public Service, Dr. Sister Eréndira Sandoval Ballesteros, with the historical Memorandum of Understanding with the United Kingdom of Great Britain and Northern Ireland to reinforce collaboration on the fight against corruption.

    Mexico seeks to join the Beneficial Ownership Leadership Group

    Statement of partnership between Mexico and UK on company beneficial ownership

    Communiqué No. 076 The SHCP Senior Officials and the SAT sign an agreement

    Communiqué No. 077 Signature of the Collaboration Agreement between the Senior Officials of the SHCP and the SFP of the electronic system “CompraNet”

    4th NATIONAL ACTION PLAN - ALLIANCE FOR OPEN GOVERNMENT

    OPEN GOVERNMENT COMMITMENTS - BENEFICIAL OWNERSHIP

    MEXICO JOINS THE BENEFICIAL OWNERSHIP LEADERSHIP GROUP

    OGP - BENEFICIAL OWNERSHIP LEADERSHIP GROUP

    Beneficial Ownership Leadership Group: Terms of Reference, Declaration, Glossary

  • 7 Notes:

    The government launched a proactive commitment between the Ministry of Public Affairs, the Financial Intelligence Unit, and the Ministry of Economy, in coordination with civil society, for the 4th Action Plan regarding Beneficial Ownership but only for companies working in the fossil fuels and mining industries. In the commitment related to beneficial ownership participate the Financial Intelligence Unit, the National Banking and Securities Commission (CNBV for its Spanish acronym) and more than 10 Units from the Ministry of Economy and the Ministry of Finance and Public Credit. There is a matrix of the different registries in charge of different agencies and a proposal related to the fields that can identify a beneficial owner in Mexico.

    Mexico joined the Beneficial Ownership Leadership Group (BOLG) to drive the global policy shift towards free, open beneficial ownership data. The country signed up to a set of best practice disclosure principles and will look to shift the global norms of company beneficial ownership transparency by 2023, by committing to developing domestic public registers of company beneficial ownership, support efforts globally and regionally for other countries to do the same.

    Updated: October 31, 2020

    The government changed in December 2018. The new government launched a proactive commitment between the the Ministry of Public Affairs, the Financial Intelligence Unit, and the Ministry of Economy, in coordination with civil society, for the 4th Action Plan regarding Beneficial Ownership but only for companies working in the fossil fuels and mining industries. The Action Plan was presented in December 2019. The Ministry of Public Affairs reported that in collaboration with the Finance Intelligence Unit (UIF) of the Ministry of Finance and Public Credit (SHCP) impulsed the adherence of Mexico to the Beneficial Ownership Transparency Disclosure Principles impulsed by the United Kingdom. In December 2019, for the International Day Against Corruption, the Government of Mexico announced that Mexico joined the Beneficial Ownership Leadership Group (BOLG) to drive the global policy shift towards free, open beneficial ownership data. The country signed up to a set of best practice disclosure principles and will look to shift the global norms of company beneficial ownership transparency by 2023, by committing to developing domestic public registers of company beneficial ownership, support efforts globally and regionally for other countries to do the same.

    Updated: April 30, 2020

    The government changed in December 2018. The new government has informed through the Open Goverment Partnership (OGP) that they plan to launch a proactive commitment between the the Ministry of Public Affairs, the Financial Intelligence Unit, and the Ministry of Economy, in coordination with civil society, for the 4th Action Plan which is in process of elaboration and will be presented in November 2019, there is no public evidence yet. The Ministry of Public Affairs reported that in collaboration with the Finance Intelligence Unit (UIF) of the Ministry of Finance and Public Credit (SHCP) impulsed the adherence of Mexico to the Beneficial Ownership Transparency Disclosure Principles impulsed by the United Kingdom. Also, the Administrative Office of the Ministry of Finance and Public Credit and the Tax Administration Service (SAT) signed, in August 2019, a Collaboration Agreement to facilitate the interoperability, information exchange and automation of the Electronic System of the Governmental Public Administration with the relevant systems of the SAT with the relevant systems of the Ministry of the Public Administration. The collaboration between both institutions seeks to contribute to build a more efficient public procurement system to tackle corruption in this government activity. This collaboration seeks to link the information of both institutions with the purpose to review the behavior of the private firms in the provision of goods and services to the public sector.

    Updated: October 30, 2019

    Of particular note in the Beneficial Ownership Principles: "We strongly welcome countries establishing wider global beneficial ownership transparency norms beyond companies, such as public registers for foreign company property ownership,public procurement and trusts."

    Peer reviewer: 1

    Updated: October 30, 2019

    The Ministry of Public Affairs (Secretaria de la Función Pública) created a sub- working group on beneficial ownership.

    Updated: October 30, 2018

    The installation of the Alliance for Open Contracting in Mexico (Alianza para las Contrataciones Abiertas en Méxcio) aims to implement the Open Contracting Data Standard (in it's Mexican adaptation) in public contracting. The implementation of the standard implies interconnectivity with other databases. Additionally, conversations have started regarding beneficial ownership registers, such as the seminary "Technical Considerations for the Development of a Beneficial Ownership Registry", which aimed to identify international experiences regarding the subject which could be applied for a registry in Mexico.

    Updated: July 30, 2017

Mexico's Commitments
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