Mexico - 05

Mexico: Board Transparency Bill: Effects on Pemex’s Autonomy

On 26 September Chamber of Deputies Energy Commission member Cesar Rendon Garcia (please see our Personality of the Week) disclosed the details of a bill to modify the framework that regulates the appointments of Pemex independent board members. Rendon explained that President Enrique Pena Nieto had introduced the bill, which ultimately seeks to establish greater transparency standards in the most important decision-making body at Pemex, back in early September along with the federal budget draft for 2017.

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