October 20, 2022 / The Legal 500
TOP TIER FIRM
Compliance in Mexico
TIER 1 FIRM
Bello, Gallardo, Bonequi y García, S.C. offers a highly specialised and recognised compliance department, composed of ‘detailed, structured and insightful legal advisors’, who are particularly adept at handling AML, privacy, anti-corruption, and general regulatory matters. The practice, which is a recurring choice for financial institutions such as CitiBanamex, Banco Santander, and Deutsche Bank, also ‘covers a wide spectrum of industries’, and is co-led by Miguel Gallardo, a renowned name in the compliance field, particularly as regards anti-money laundering matters; Madrid-based data protection specialist, Hector Guzman; and Javier Pérez Moreno, who was promoted to the partnership in February 2022 and boasts solid experience in highly regulated sectors such as fintech, banking, insurance, and health. Pérez Moreno is also certified as a compliance and AML expert by the NBSC, and has of late been assisting clients in relation to cryptocurrency matters. Senior associate Alejandra Lobato, who is also certified as an AML expert and authorized compliance officer, is another key contact of the group. However, the practice endured the departure of former senior counsel Adolfo Hegewisch, who joined Deutsche Brokerage Firm as general counsel.
Leading individuals
Rising stars
Next Generation Partners
Practice head(s):
Miguel Gallardo; Javier Pérez Moreno; Héctor Guzmán Rodríguez
Testimonials
‘Domain of relevant topics, attentive, and helpful.’
‘They have extensive knowledge of the subject with which they support us, very professional.’
‘Very effective firm.’
‘Personal commitment.’
‘A very strong legal advisory team which covers a wide spectrum of industries and topics. They are very collaborative, do their best to learn about your business which turns out in a successful long-term and diverse projects cooperation. Having said all that, you also feel like you’re getting a bang for your buck, great value for money.’
‘Detailed, structured and insightful legal advisors. We especially had great pleasure working directly with Javier Perez Moreno.’
‘The firm has specialized lawyers in various areas, which allows you to receive comprehensive advice but at the same time highly specialised.’
‘Miguel Gallardo has a great analytical capacity and is also capable of having a very broad vision of matters, he can “see the forest and the trees” at the same time.’
Key clients in Compliance – 2023
- AirBnB
- Alternativa Financiera Prosesa
- Amicorp México
- Banco Inmobiliario Mexicano
- CitiBanamex
- Banco Santander
- Banco Mercantil del Norte
- MUFG
- Bloom Emprendedores
- Braskem México Proyectos
- Capital Vertical Promotora Empresarial
- Crecer Solución Inmediata
- Credisocial México
- Credit Suisse
- Crédito Especializado Stándar
- Crédito Real
- Daimler Financial Services
- Deutsche Bank México
- Deutsche Securities
- Element
- Engenium Capital
- Finae
- Finalux
- Fincrece
- Grupo Capital Vertical
- Impulso Crediticio Empresarial
- Industrial and Commercial Bank of China Mexico (ICBC)
- Mercado Libre
- Morgan Stanley México, Casa de Bolsa
- Multi-Apoyos de Capital
- Mutua Altiplano
- Palace Resorts Capital
- SAB Capital
- Servicios Liquick
- Structura Capital Management
- UBS Asesores México
- Vinta Capital
- Vision F México
- Evo Payments
- Banco Multiva
- Volkswagen Leasing
- Femsa
- Nu Bank
- Pagsmile
- Exka
- HDF Energy
- Medius Collection
- Merceron Capital
- Rianta Capital Zurich
- World Quest Holdings
- Federación Mexicana de Futbol
- Apoyo a tu Economía
- Cacao Paycard
- Garnet24
- Prosa
- Banco Azteca
- Elektra
- Satoshi Portal
Work highlights
- Appointed a secondment as the compliance officer of Elektra in connection with a cryptocurrency project.
- Advised Deutsche Bank on regulatory matters during its sale process in Mexico, including preparation and implementation of anti-money laundering provisions and compliance with Mexican financial authorities’ requirements.
- Ongoing legal advice to Mercado Libre in connection with an authorisation to become a fintech entity.