Amending Circular 18/18 of the Single Insurance and Surety Circular

DOF: 14/12/2018

Amending Circular 18/18 of the Single Insurance and Surety Circular

At the margin, a seal with the National Coat of Arms, which says: United Mexican States.- Ministry of Finance and Public Credit.- National Commission of Insurance and Sureties.

AMENDING CIRCULAR 18/18 OF THE SINGLE INSURANCE AND SURETY CIRCULAR

(Annex 13.2.1.)

The National Commission of Insurance and Sureties, based on the provisions of articles 366, fraction II, 372, fractions VI, XIII and XLII, 373 and 381 of the Law of Insurance and Surety Institutions, and

CONSIDERING

That in accordance with what is established in articles 195 and 344 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 authorized for this purpose by the National Commission of Insurance and Sureties, through publication in the Official Gazette of the Federation, considering such days as non-working days for the effects of the operations that said institutions and societies are authorized to carry out under the terms of their respective authorizations.

Therefore, the National Commission of Insurance and Sureties has resolved to modify the Single Insurance and Surety Circular in the following terms:

AMENDING CIRCULAR 18/18 OF THE SINGLE INSURANCE AND SURETY CIRCULAR

(Annex 13.2.1.)

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

TRANSITORY

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

This is made known to you, based on articles 366, fraction II, 372, fractions VI, XIII and XLII, 373 and 381 of the Law of Insurance and Surety Institutions.

Respectfully,

Effective Suffrage. No Re-election.

Mexico City, December 7, 2018. - National Commission of Insurance and Sureties.- In the absence of the President, based on article 46 of the Internal Regulations of the National Commission of Insurance and Sureties, the Vice President of Institutional Operation signs,

Gerardo Lozano de León.- Initials.

ANNEX 13.2.1.

DAYS ON WHICH INSURANCE AND MUTUAL SOCIETIES

MAY CLOSE AND SUSPEND OPERATIONS

Days corresponding to the year 2019.

Month

Day

January

1st

February

4

March

18

in commemoration of March 21

April

18

April

19

May

1st

September

16

November

18

in commemoration of November 20

December

25

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