On July 11, 2024, the Resolution amending the Regulations applicable to credit institutions (the "Resolution") regarding Digital Agents was published in the Federal Official Gazette.
The purpose of the Resolution is to...more
On April 29, the Mexican Senate approved a Bill to Amend, Repeal and Supplement Certain Provisions of the Securities Market Law and the Investment Funds Law (the "Bill").
If approved in its terms by the Mexican House of...more
On March 11, 2022, a reform to the Mexican Banking Law (Ley de Instituciones de Crédito) was published in the Federal Official Gazette (Diario Oficial de la Federación) in order to provide a new procedure for the defense of...more
3/15/2022
/ Anti-Money Laundering ,
Anti-Terrorism Financing ,
Banking Sector ,
Blocked Person ,
Broker-Dealer ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
FinTech ,
Insurance Industry ,
Mexico ,
Money Laundering ,
New Regulations ,
Terrorist Financing
In order to encourage the promotion and specialized attention of corporate restructurings and insolvency proceedings, by agreement of the Plenary of the Federal Judiciary Council of Mexico, two district courts specialized in...more
On Thursday, September 9, the resolutions that reform, add and repeal the general rules on the prevention and identification of operations with resources of illicit origin applicable to financial cooperative associations...more
10/12/2021
/ Brokers ,
Client Identification Rule ,
Enforcement ,
FATF ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment Adviser ,
Lenders ,
Mexico ,
Regulatory Agenda ,
Threshold Requirements
On Thursday, September 9, the resolutions that reform, add and repeal the general rules on the prevention and identification of operations with resources of illicit origin applicable to financial cooperative associations...more
10/6/2021
/ Brokers ,
Client Identification Rule ,
Credit Applicants ,
Enforcement ,
FATF ,
Financial Institutions ,
Financial Regulatory Reform ,
Financial Services Industry ,
Investment Adviser ,
Lenders ,
Mexico ,
Regulatory Agenda ,
Threshold Requirements
On Monday, August 23, the General Guidelines on Liquidity Requirements for Banking Institutions issued jointly by the National Banking and Securities Commission (the “Commission”) and Mexico’s Central Bank, Banco de México,...more
On January 28, 2021, the Mexican Central Bank and the National Banking and Securities Commission ("CNBV"), published in the Federal Official Gazette the "General regulations applicable to e-money Institutions pursuant to...more
On September 30, 2020, the Mexican Central Bank (Banxico) published in the Federal Official Gazette Regulation 36/2020 addressed to securities issuers and Securities Depository Institutions, governing the electronic issuance...more
On September 25, 2020, the Federal Executive submitted to the House of Representatives an amendment bill regarding an "INITIATIVE WITH DECREE PROJECT THROUGH WHICH CERTAIN PROVISIONS OF THE SOCIAL SECURITY LAW (LEY DEL SEGURO...more
On March 30, 2020, the Public Health Council (Consejo de Salubridad Pública) declared a health emergency due to force majeure, caused by the epidemic generated by COVID-19, by virtue of the Resolution declaring the epidemic...more
Extension for compliance with the Resolution that amends the General Provisions applicable to credit institutions published in the Official Gazette of the Federation on August 29, 2017 (“Identity Verification Provisions”) in...more
Taking into account the health contingency enacted due to the COVID-19 pandemic in Mexico and in the world, as well as the prevailing uncertainty regarding the determination of the depth, duration and economic effects of such...more
In response to the requests made by representatives of different financial entities regulated and supervised by the National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores or “CNBV”), the authority...more
On March 26, 2020, the National Banking and Securities Commission (CNBV) issued special accounting standards applicable to credit institutions as consequence of the COVID-19 contingency....more
Listed below are the preventive measures issued by federal and local authorities for the mitigation and control of the SARS-CoV2 pandemic (COVID-19) in Mexico....more
On January 23, 2019, a bill proposed by the Mexican Federal Executive branch was published in the House of Representatives Parliamentary Gazette, with the purpose to amend, add and repeal various provisions of the Retirement...more
2/1/2019
/ Employee Contributions ,
Fees ,
Foreign Investment ,
Investment Companies ,
Investment Funds ,
Mexico ,
Pensions ,
Proposed Amendments ,
Retirement Plan ,
Savings Plans ,
Securities