Mexico | Financial Regulation. March 2024
Published on Monday, May 13, 2024
Mexico | Financial Regulation. March 2024
We present a summary and analysis of the most relevant developments and publications in Mexico's financial regulatory landscape.
Key points
- Key points:
- Banco de México extends its temporary measures regarding credit card minimum payments in the aftermath of hurricane Otis.
- Issuance of decrees that transfer unclaimed retirement funds to the "Welfare Pension Fund", charged with providing complementary payments to pensions below the average salary registered at the IMSS.
- CNBV proposes the introduction of the "Technological base banking agent" in order to regulate third parties offering to carry out different banking transactions through websites or apps.
- IPAB proposes changes to its processing of requests of payment of guaranteed obligations.
- Banco de México. Proposal requiring entities carrying out derivatives to obtain counterparty authorization to share relevant information to foreign central information registries.