Regulatory Alerts2025-05-29 | CDMF-XVI-1-25Norm on Parameters for Determining Contributions to the Superintendent's Budget
The Monetary and Financial Board issued Resolution CDMF-XVI-1-25 to establish the parameters for calculating annual cash contributions from supervised entities to the Superintendent of Banks and Other Financial Institutions' budget. The regulation defines calculation factors based on assets, credit portfolios, commissions, and supervision costs, while setting a minimum contribution of C$200,000 and specifying rules for financial groups. This norm supersedes previous resolutions regarding special financial enterprises and non-bank credit card issuers and takes effect upon publication in the Official Gazette.
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