Regulatory Alerts2022-01-04 | DOF 5640120Added · Updated
Amending Circular 22/21 of the Single Insurance and Surety Circular
The National Commission of Insurance and Sureties extends the deadline for surety institutions to register estimates for doubtful receivables on surety bonds and administrative surety premiums from 120 to 180 days, and for liability insurance and other surety premiums from 90 to 150 days. This modification to the Eighty-Third Transitory Provision extends the applicability period of these extended deadlines to December 31, 2021. The circular entered into force on the next business day following its publication in the Official Gazette of the Federation.
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