Regulatory Alerts2025-06-04 | CDMF-XIX-4-25Norm on Authorization and Regulation of Factoring Entities
The Monetary and Financial Board issued Resolution CDMF-XIX-4-25 to regulate the authorization and operation of non-bank factoring entities in Nicaragua. The rule mandates a minimum capital of C$20 million, requires internal and external audits, and establishes strict procedures for licensing, supervision, and operational cessation. Existing factoring companies are granted a 90-day transition period to register and submit compliance plans to the Superintendent.
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