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Europe steps up its fight against fraud
European watchdogs have long been focusing on enforcement against corporate crime with a great focus on anti-corruption, economic sanctions and money laundering.
Global | Publication | August 7, 2018
On August 3, 2018, the Mexican Regulatory Energy Commission (CRE) authorized three new permits for Electric Supply in the modality of Basic Supply (i.e., the supply to customers with a demand below 1 MW) to the companies BH Energy Supply, S.A.P.I. de C.V., Enlace y Representación Gubernamental T&M, S.A. de C.V. and Suministro Básico del Centro SUBACE, S.A. de C.V. (a supplier incorporated by the Mexican Union of Electricians).
Prior to the 2013 Energy Reform, the Federal Electricity Commission (Comisión Federal de Electricidad or CFE) held the monopoly over the electric supply to final users. After the reform, basic suppliers were introduced in the Electricity Industry Law, allowing private companies to participate in such activity. Prior to the issuance of these new permits, the only Basic Services Supplier in the Mexican Electricity Market was CFE Suministrador de Servicios Básicos, a subsidiary of CFE.
At this point, not a lot of information is available as the relevant supply permits are in the process of being published in CRE’s website. We will supplement this note accordingly.
Publication
European watchdogs have long been focusing on enforcement against corporate crime with a great focus on anti-corruption, economic sanctions and money laundering.
Publication
The Digital Markets, Competition and Consumers Act (DMCC Act) received Royal Assent on 24 May 2024 and is generally expected to come into force in autumn this year.
Publication
What appears to be a simple question is not as straightforward as one would think. One might take the view that it is just a matter of common sense whether something is a ship or not, yet it is difficult to define exhaustively what exactly a ship is, or the extent to which something forms part of a “ship”.
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