Finance and Banking
MAIN SERVICES
Banking and Finance
BGBG is recognized as one of the Law Firms leading the Banking and Finance Law area in Mexico.
BGBG has members who have great legal experience in the banking and finance area in Mexico and abroad. Such members have provided consultancy services to financial corporations and entities, including insurance agencies, national and foreign banks, brokerage firms, finance groups, investment corporations, Multiple Purpose Financial Institutions (SOFOMES), Retirement Fund Investment Corporations (SIEFORES), representation offices, and financial technology institutions (Fintech).
The renowned international publication Chambers & Partners describes our practice as follows:
"The clients are keen to praise the Firm enthusiastically: The service they deliver is highly satisfactory. They understand the necessities of the client, and they have a good sense of urgency".
Moreover, the renowned international publication Legal 500 recognizes BGBG as one of the best law firms in Mexico in the Banking and Finance area, it mentions the following:
"Bello, Gallardo, Bonequi y García, S. C. is a popular choice among many international and local clients and is well-known for its high specialization in compliance, banking regulatory issues, and financings in Mexico. The 19-strong team, which has also developed a significant fintech practice, is led by Miguel Gallardo Guerra, a frequent advisor to big-name financial institutions on regulatory and compliance matters. Other highlighted names of the department include partner Juan Carlos Morales, who is also prominent in handling corporate mandates; and senior associate Javier Pérez.
Testimonials
“The people who attended us from Bello, Gallardo, Bonequi y García are incomparable and surpass expectations. They are excellent professionals and unique human beings with an unbeatable sense of service.”
“We had a lot of contact with Miguel Gallardo, he was always attentive to the evolution of the work, always ready to help in the best possible way, directing his team in the best way to achieve the desired objective with concrete, quick answers, unbeatable attention and always with the best service attitude.”
“Faced with a very tight schedule to complete the requested operation and multiple comments from the counterparts and the reviewing authority, the firm gave prompt and professional attention to any request for information.”
Miguel Gallardo Guerra, as a partner, was personally involved in every requirement. Not only in the entire process of the operation but also in the face of additional requirements from intermediaries and external auditors, providing the necessary information and supporting documents. Unlike other firms, he put the relationship with the client first and understood the possibility of a long-term relationship instead of each requirement involving an additional payment – that is only achieved with a lawyer who understands the stages and complications that a delicate operation in the capital market brings in a volatile environment.”
The members of the banking and finance area of the firm have regularly participated, among others, on the following issues:
- Consultancy for corporations, financial institutions, investment banks, and international acquisition and privatization companies, including financing projects with national and foreign capital.
- Corporation representation, Mexican and foreign banks, financial technology institutions (Fintech), and other financial institutions and their Mexican subsidiaries before federal and local government entities.
- Corporations representation, financial institutions, investment counseling, trading companies, and other companies related to project financing.
- Representation of Financial institutions, debtors, and other participants on debt restructuring and capitalizations.
Additionally, several of our lawyers work as members or secretaries of boards of directors of regulated and non-regulated financial entities.
Debt and Capital market; Derivatives
BGBG has great specialized practice providing legal services in the stock area, including, without limitation, derivatives, debt, and capital markets.
The members of the banking and finance area of the firm have regularly participated, among others, on the following issues:
- Counseling Mexican and foreign issuing companies and their subsidiaries regarding the issuance, colocation, and trading of securities in both, Mexican and foreign markets.
- Representation of investment counselors, shareholders, investment companies, and other investment vehicles that invest in debt and capital securities in Mexico and abroad.
- Counseling Mexican and foreign clients and their subsidiary companies regarding the banking and stock market regulation in Mexico.
Chambers & Partners describes our practice as follows:
"In one of our outstanding works, BGBG counseled Morgan Stanley in the presentation of its annual report before the National Banking and Securities Commission."
Several of our lawyers work as regulatory comptrollers of SIF – ICAP, a subsidiary of the Mexican Stock Exchange.
Regulatory compliance
Our practice regarding regulatory compliance is highly renowned by finance and banking entities in Mexico, focusing in regulatory matters, whether in the finance, banking, and stock sectors or anti-money laundering matters.
The renowned international publication Chambers & Partners describes our practice as follows:
“What the team is known for an established firm with significant experience in the compliance space. Routinely sought out by national and international clients to advise on anti-money laundering programmes, boasting a solid client base comprising well-known financial institutions.
Strengths Impressed clients state:
“The service is very professional; the lawyers are friendly and always attentive to the needs of our business. They have ample experience in compliance matters and are always available for us.”
Work highlights Continued to assist Deutsche Bank Mexico with the anti-money laundering aspects of the sale of its local operations in Mexico.
Notable practitioners
Described by sources as
“a highly professional and knowledgeable lawyer,” Miguel Gallardo Guerra boasts particular expertise in assisting financial institutions with anti-money laundering matters. One client highlights “not just his experience, ability and professionalism, but also the fact that he understands how business works.”
Additionally, several of our lawyers work as regulatory comptroller SIF – ICAP, a subsidiary of the Mexican Stock Exchange.
Mergers and Acquisitions
BGBG represents several Mexican and foreign corporations, investors, and banking investors, in investment operations (joint ventures) and mergers, and acquisitions in Mexico.
The members of the anti-money laundering area of the firm have regularly participated on the following issues:
- Legal audits regarding mergers and acquisitions.
- Elaboration and negotiation of shareholder, investment, and stock agreements.
- Counseling for the obtention of necessary government authorizations.
- Financing negotiation and documentation.
Anti-Money Laundering
BGBG is recognized as one of the leading law firms in anti-money laundering sector in Mexico.
The renowned international publication Chambers & Partners has referred to our practices as follows:
"As an outstanding work, BGBG acted as legal counselor of Deutsche Bank Mexico in aspects against money laundering of the sale of its Mexican operations."
The members of the anti-money laundering area of the firm have regularly participated on the following issues:
- Legal audits and record integration of regulated and non-regulated corporations and entities in anty-money laundering matters.
- Elaboration of Money laundering prevention manuals.
- Elaboration of criteria, measures, procedures and other information related to applicable compliance provisions, as well as documentation containing tracking mechanisms and operation grouping.
- Training and dissemination program presentation.
In addition, several of our lawyers are certified by the National Banking and Securities Commission as Compliance Officers. They also work as official compliance counselors for banks, financial entities, SOFOMES, and financial technology institutions (Fintech).
Fintech
BGBG is a leader in Mexico, offering legal and regulatory compliance services to financial technology institutions, including project incorporation, authorization, and Fintech entity functioning.
The international publication Chambers & Partners recognizes the law firm BGBG as a leader in Mexico in legal service delivery regarding Fintech subjects by saying:
“What the team is known for Bello, Gallardo, Bonequi y García offers specialist regulatory expertise to a number of FinTech entities in Mexico, representing them in their license applications to operate under the FinTech Law. The firm also provides expert counsel to worldwide platform-based institutions. Operating a top-tier TMT practice alongside their established offering in banking and finance, the firm is well placed to advise both national and international clients on a range of technology matters, including issues around data protection and IP advice.
Strengths “Excellent experience. Competent lawyers and great client service.”
“We've worked with several associates, and they are always available. Despite the complexity of the work, they've kept on top of it perfectly.”
Work highlights Advised Mercado Libre on legal, regulatory, and compliance matters, including the authorization of a FinTech entity by the National Banking and Securities Commission.
Notable practitioners Miguel Gallardo Guerra is a key contact.”
BGBG is deemed as one of the leading law firms on Mexican Finance and Banking Law.
Nowadays, BGBG provides legal services to national and foreign clients, including corporations, international organizations, finance groups, credit institutions, multiple purpose financial entities, investment promotion corporations, insurance companies, brokerage firms, investment corporations, financial technology institutions (Fintech), and other financial entities.
For several years, several international and national publications have sequentially recognized BGBG among the best law firms in Mexico, in the finance and banking law area, including publications such as ACQ Finance, Chambers & Partners, IFLR 1000, Legal 500, and Líderes Mexicanos, among others.
The renowned international publication Chambers & Partners Latin America describes our professional practice as follows:
The renowned international publication Chambers & Partners Latin America describes our practice as follows:
“The team is known for its good reputation on finance and banking professional practice, which earned it special praises for its finance and banking regulation experience. The team is routinely hired by respected financial institutions to give advice on Mexican regulation compliance of financial services, including regulatory annual reports.”
Chambers & Partners Latin AmericaTestimonials
Socios del área
Miguel Gallardo Guerra
Javier Pérez Moreno
Juan Manuel Sancho Rodrigo
Asociados del área
Mauricio Armenta Godínez
Jorge Corona Monroy
Liliana Serna CamachoReinaldo J. Díaz Ohep
Alejandra Lobato
Adriana Lozano ManzoJessica Vilchis
Dante Ceh Silva
Luz María Jover Machorro