Regulatory Alerts2019-03-20 | DOF 5554687Added
Amending Circular 6/19 of the Single Circular on Insurance and Sureties
The National Commission of Insurance and Sureties amends Annex 6.4.11 of the Single Circular on Insurance and Sureties to publish the Basic Adjustment Factor for Credit Risk (FBA) and the Credit Risk Adjustment Factor (FA) for the fourth quarter of 2018. These factors are assigned to financial guarantee insurance issuers for calculating capital requirements, with specific values provided for government bonds and various asset-backed or guaranteed securities based on credit ratings from Standard & Poor's, Moody's, and Fitch. The amendment enters into force the day after its publication in the Official Gazette of the Federation.