2016-12-01 | DOF 5463298

Added

Amending Circular 23/16 of the Single Insurance and Surety Circular

This circular modifies Annex 13.2.1 of the Single Insurance and Surety Circular to establish the specific dates in 2017 on which insurance institutions, mutual insurance societies, and surety institutions are authorized to close their doors and suspend operations. The designated non-working days are February 6, March 20, April 13, April 14, May 1, May 5, November 20, and December 25. The circular entered into force the day after its publication in the Official Gazette of the Federation on December 1, 2016.

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DOF: 01/12/2016

Amending Circular 23/16 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 23/16 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 purposes of the operations that said institutions and societies are authorized to carry out under the terms of their respective authorizations.

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

AMENDING CIRCULAR 23/16 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 after its publication in the Official Gazette of the Federation.

The foregoing 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, November 23, 2016.- The President of the National Commission of Insurance and Sureties, Norma Alicia Rosas Rodríguez.- Initialled.

ANNEX 13.2.1.

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

Days corresponding to the year 2017.

MonthDay
February6
in commemoration of February 5
March20
in commemoration of March 21
April13
April14
May1
May5
November20
December25

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