Amending Circular 17/15 of the Single Insurance and Surety Circular

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DOF: 01/12/2015

Amending Circular 17/15 of the Single Insurance and Surety Circular

A seal with the National Coat of Arms appears at the margin, which reads: United Mexican States.- Ministry of Finance and Public Credit.- National Insurance and Surety Commission.

AMENDING CIRCULAR 17/15 OF THE SINGLE INSURANCE AND SURETY CIRCULAR

(Annex 13.2.1.)

The National Insurance and Surety Commission, based on the provisions of articles 366, fraction II, and 372, fraction VI, of the Law of Insurance and Surety Institutions, and

CONSIDERING

That in accordance with what is established in article 195, in conjunction with article 344, both of the Law of Insurance and Surety Institutions, insurance institutions and mutual insurance societies, as well as surety institutions, may only close their doors and suspend their operations on the days that the National Insurance and Surety Commission authorizes annually, through publication in the Official Gazette of the Federation, considering such days as non-working days for the purposes of the operations that said institutions and societies are authorized to carry out under the terms of their respective authorizations.

For the foregoing, the National Insurance and Surety Commission has resolved to modify the Single Insurance and Surety Circular in the following terms:

AMENDING CIRCULAR 17/15 OF THE SINGLE INSURANCE AND SURETY CIRCULAR

(Annex 13.2.1.)

SINGLE.- Annex 13.2.1. of the Single Insurance and Surety Circular is modified.

TRANSITORY

SINGLE.- This Amending Circular shall enter into force the day following its publication in the Official Gazette of the Federation.

This is made known to you, based on the provisions of articles 366, fraction II, and 372, fraction VI, of the Law of Insurance and Surety Institutions.

Respectfully,

Effective Suffrage. No Re-election.

Mexico, D.F., November 23, 2015. - The President of the National Insurance and Surety Commission, Norma Alicia Rosas Rodríguez. - Signature.

ANNEX 13.2.1.

DAYS ON WHICH INSURANCE AND MUTUAL INSURANCE INSTITUTIONS AND SOCIETIES MAY CLOSE AND SUSPEND OPERATIONS

Days corresponding to the year 2016.

Month

Day

January

1st

February

1st

in commemoration of February 5

March

21

March

24

March

25

May

5

September

16

November

21

in commemoration of November 20

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