Mexico | Financial Regulation. July 2024
Published on Monday, September 2, 2024
Mexico | Financial Regulation. July 2024
We present a summary and analysis of the most relevant developments and publications in Mexico's financial regulatory landscape.
Key points
- Key points:
- SHCP adjusts banks' AML/CFT rules aligning them to international standards, as well as facilitating remote on-boarding, among others changes.
- CNBV adjusts banks' operational risk capital requirement rules in line with the Basel Committee's standards.
- CNBV introduces to the single banking handbook the regulatory framework applicable to the new "technological base" banking agents.
- Mexico City's Congress approved an amendment to the local constitution modifying the principles under which the local judiciary will carry out its functions.
- Banco de México submits to public consultation the repurchase agreement framework applicable to the newly created hedge funds (Fondos de Inversión de Cobertura).
Documents to download
-
Note (PDF)
20240902-Mexico-Regulacion-Financiera-_-Agosto-2024.pdf Spanish September 2, 2024
Authors
Geographies
- Geography Tags
- Mexico
Topics
- Topic Tags
- Banks
- Central Banks
- Financial Regulation