Regulatory Alerts2022-01-11 | DOF 5640447Added · Updated
Amending Circular 1/22 of the Sole Insurance and Surety Circular
This circular reactivates the time limits for renewing authorizations for Individual Agents and Authorized Representatives of Legal Entity Agents, which had been suspended since March 27, 2020, and extends the validity of Provisional Agent authorizations that were previously extended under Circular 3/21. Specifically, authorizations for Individual Agents and Authorized Representatives of Legal Entity Agents that required renewal from March 27, 2020, remain valid until September 30, 2022. Additionally, the authorizations for Provisional Agents, whose validity was extended by Circular 3/21 on March 19, 2021, remain valid until March 31, 2022. These measures apply to insurance and surety institutions and other persons subject to the supervision of the National Commission of Insurance and Sureties.