IV. ELECTRONIC WAREHOUSE RECEIPTS: RECENT ELECTRONIC WAREHOUSE RECEIPTS DEVELOPMENTS IN MEXICO
In: Arizona Journal of International and Comparative Law, Jg. 33 (2016), S. 199
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I. INTRODUCTION The National Law Center for Inter-American Free Trade's (NatLaw) delegation traveled to Mexico City from June 1-4 in 2015 upon an invitation by the Mexican Ministry of Economy ( Secretaría de Economía ) to meet with the governmental entities involved in the regulation and/or supervision of warehouses and the overall warehouse receipt system. 1 NatLaw met with the National Banking and Securities Commission ( Comisión Nacional Bancaria y de Valores ) (NBSC), Ministry of Agriculture ( Secretaría de Agricultura, Ganadería, Desarrollo Rural, Pesca y Alimentación ), and the Mexican Central Bank ( Banco de México ), among others. 2 The Ministry of Economy's invitation included NatLaw's participation as a presenter at a two-day seminar organized by the Mexican Association of Warehouses (MAW) that gathered approximately 100 warehousemen, banker-members of the Mexican Bankers Association (MBA), and government officials. 3 The purpose of these meetings and presentations was twofold. First, to acquaint NatLaw with the public and private entities involved in the Mexican warehousing industry, and their concerns regarding the actual two-paper document warehouse receipt system. Second, to allow NatLaw to present a proposal aimed at modernizing and enhancing the Mexican warehouse receipt (WR) system. 4 II. MEXICAN WAREHOUSE RECEIPT SYSTEM In Mexico, the two paper document WR is mainly governed by the General Law of Securities and Credit Operations ( Ley General de Títulos y Operaciones de Crédito ) (GLSCO) together with other relevant laws and regulations. 5 As in almost every other Latin American country, in ...
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IV. ELECTRONIC WAREHOUSE RECEIPTS: RECENT ELECTRONIC WAREHOUSE RECEIPTS DEVELOPMENTS IN MEXICO
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Autor/in / Beteiligte Person: | Elias, Adalberto |
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Zeitschrift: | Arizona Journal of International and Comparative Law, Jg. 33 (2016), S. 199 |
Veröffentlichung: | 2016 |
Medientyp: | academicJournal |
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