Diego Cánepa Fernández | White & Case LLP International Law Firm, Global Law Practice

Diego Cánepa Fernández

Associate, Mexico City

T +52 55 5540 9606

E diego.canepa@whitecase.com

Overview

Diego joined the Mexico City office in 2014. His practice has focused in financial regulatory matters, banking law, mergers and acquisitions and capital markets.

Diego has actively participated in obtaining regulatory authorizations for the establishment and operation of financial institutions in Mexico.

He has also advised key players and newcomers to the Mexican market, such as BlackRock (the world's largest asset manager) and Kuspit (the first Internet based broker dealer operating in Mexico) with the implementation and design (both from a legal and regulatory perspective) of innovative financial products.

In 2016, Diego acted as a legal secondee for BlackRock México, advising on legal and regulatory matters, and participating in the process of obtaining the registration as an independent investment advisor.

Bars and Courts

  • Authorized to practice law in Mexico

Education

  • Postgraduate Degree in Commercial Law, Universidad Panamericana
  • Attorney at Law (Licenciatura en Derecho), Universidad Panamericana

Languages

  • Spanish
  • English

Experience

BlackRock - Registration as an Independent Advisor, 2017

Diego represented BlackRock, the world's largest asset manager, in the process of obtaining a registration to operate as an independent investment advisor in Mexico.

Bank of China Authorization to Incorporate a Banking Institution in Mexico, 2016

Diego represented Bank of China, the fourth-largest bank in the world and the oldest bank in China, in the process of obtaining a license to incorporate and operate a multiple banking institution in Mexico. This is the second license granted by the Mexican Government to a foreign government (the government of the People's Republic of China) to own a controlling, indirect participation in a Mexican banking institution.

Export Development Canada MXN 6 Billion Debt Certificate Program, 2015

Diego was part of the team which represented Export Development Canada (EDC), Canada's export credit agency, a Crown corporation of the Government of Canada, in the authorization of the second program of short-term debt certificates by the Mexican National Banking and Securities Commission, for an amount up to MXN 6 billion (approximately US$400 million)—twice the amount of the previous program—and in the first issuance under the program.

Nestlé Mexico Sale of Its Ice Cream Business, 2015

Diego was part of the team which represented Nestlé Mexico in the Ps$1.1 billion (US$80 million) sale of its ice cream business in Mexico to Grupo Herdez, a publicly traded company in the Mexican Stock Exchange and one of Mexico’s food manufacturing and distribution leaders.

Azimut Acquisition of a majority share of Profie, 2014

Diego was part of the team which represented Azimut, Italy's leading independent asset manager, in a stock purchase agreement to acquire 82.14 percent of Profie, a Mexican holding company controlling the entire equity capital of Más Fondos, Mexico's largest pure independent asset management distribution company. Más Fondos distributes third-party funds and (as of May 31st, 2014), managed assets equivalent to Ps$7.1 billion (€404 million).