Regulatory Alerts2023-08-22 | DOF 5699370Added
Amending Circular 5/23 to the Unique Circular for Insurance and Sureties
This amendment modifies Annex 6.5.7 of the Unique Circular for Insurance and Sureties to update the measurement interval parameter k for the capital requirement regarding asset-liability mismatch to 27 years. The update reflects that investments covering the investment base for pension insurance derived from social security laws are considered to have a maximum maturity of 27 years. The circular enters into force the day following its publication in the Official Gazette of the Federation.