Amending Resolution of the Resolution Modifying General Provisions for Warehouse Receipts, Exchange Houses, Credit Unions, and Multiple-Object Financial Societies Published on April 25, 2024

DOF: 27/12/2024

AMENDING RESOLUTION of the Resolution that modifies the General Provisions applicable to General Deposit Warehouses, Exchange Houses, Credit Unions, and Multiple-Object Financial Societies regulated, published on April 25, 2024.

A seal bearing the National Coat of Arms, which reads: United Mexican States.- Treasury.- Ministry of

Treasury and Public Credit.- National Banking and Securities Commission.

The National Banking and Securities Commission, based on the provisions of articles 46, paragraphs

first and second; 65; 74 and 78, first paragraph of the Credit Unions Law; 98 Bis of the

Credit Institutions Law; as well as 4, fractions II, III, IV, V, XXXVI and XXXVIII, and 16, fraction I of the Law of the

National Banking and Securities Commission, and

CONSIDERING

That on April 25, 2024, the "Resolution that modifies the General Provisions applicable to general deposit warehouses, exchange houses,

credit unions and multiple-object financial societies regulated" was published in the Official Gazette of the Federation, with which the regulatory framework applicable to credit unions was updated in the matters of accounting criteria, credit portfolio classification, approval, dissemination and content of financial statements, regulatory reports, and disclosure of financial information, with the aim of making it consistent with national and international financial information standards. The referenced resolution has an effective date of January 1, 2025;

That credit unions, due to the results obtained from the preparation process for the implementation of the modifications indicated in the previous paragraph, identified the need to have more time to adapt their accounting information systems, in order to comply in a timely and proper manner with said standards, and

That, in view of the foregoing, it is necessary to extend the deadline for the entry into force of the aforementioned modifications, so that credit unions are in a position to comply with their obligation to deliver to this decentralized body their regulatory reports, financial statements and other financial information, has resolved to issue the following:

AMENDING RESOLUTION OF THE "RESOLUTION THAT MODIFIES THE GENERAL PROVISIONS

APPLICABLE TO GENERAL DEPOSIT WAREHOUSES, EXCHANGE HOUSES,

CREDIT UNIONS AND MULTIPLE-OBJECT FINANCIAL SOCIETIES

REGULATED", PUBLISHED IN THE OFFICIAL GAZETTE OF THE FEDERATION ON APRIL 25, 2024

SINGLE.- Articles FIRST, THIRD, FOURTH and SIXTH of the

Transitory Provisions of the

"Resolution that modifies the General Provisions applicable to general deposit

warehouses, exchange houses, credit unions and multiple-object financial societies regulated",

published in the Official Gazette of the Federation on April 25, 2024, are REFORMED, to read as follows:

" FIRST.- This Resolution shall enter into force on January 1, 2026, with the exception

of the modifications to the criterion "B-6 Assets Adjudicated" contained in Annex 4, the

which shall enter into force on the first day of the calendar month immediately following the date of

publication of this Resolution in the Official Gazette of the Federation. "

" THIRD.- The basic consolidated quarterly and annual financial statements that, in

accordance with this Resolution, are required from credit unions,

corresponding to the period ended December 31, 2026, may not be presented

comparatively with each quarter of the 2025 fiscal year nor for the period ended December 31,

2025.

FOURTH.- The tests carried out by credit unions in accordance with paragraphs

44 and 45 of Criterion B-5 "Credit Portfolio" contained in Annex 4 of the "General Provisions

applicable to general deposit warehouses, exchange houses,

credit unions and multiple-object financial societies regulated",

to determine whether the existing credit portfolio portfolios as of December 31, 2025 meet the

assumption that the cash flows of the contracts correspond only to payments of

principal and interest, must be authorized by the credit committee of the credit unions.

Subsequently, said tests and their results must be delivered in writing to the

National Banking and Securities Commission no later than February 27, 2026. "

" SIXTH.- Credit unions, in order to constitute the total amount of

provisional estimates for credit risks that arise from the use of the methodologies

that are replaced with this instrument, must observe the following:

The initial financial effect shall be understood as the difference resulting from subtracting the reserves

that must be constituted in accordance with this instrument, applying the methodology in effect

from January 1, 2026, using the total balance of the Commercial Credit Portfolio as of

December 31, 2025; minus, the reserves that were constituted with the methodology

in effect until December 31, 2025, using the balance of the Commercial Credit

Portfolio as of December 31, 2025. This calculation must be performed upon entry into force

of this Resolution.

Credit unions may opt for one of the following alternatives for the constitution of

provisional estimates for credit risks:

I.

Recognize in equity, within the result of periods prior to January 31,

2026, the initial financial effect derived from applying for the first time the

credit portfolio classification methodology that corresponds, provided that it is

disclosed in the corresponding quarterly and annual financial statements of the fiscal

year 2026, as well as in any public communication of financial information, as

a minimum the following:

a)

That it opted to recognize the total initial financial effect upon

entry into force of this Resolution.

b)

A broad explanation of the accounting record made for the recognition of the

cited effect.

c)

A detailed explanation regarding the items and amounts for which the

accounting adjustment was made.

II.

Recognize in equity, within the result of prior periods, the

initial financial effect deferred; that is, the amount of reserves for the Commercial

Credit Portfolio corresponding to the month of calculation, deferred for a period of 24

months counted from January 31, 2026, in accordance with the following formula:

Where:

= Amount of reserves to be recognized in equity for the Commercial

Credit Portfolio corresponding in month i.

= Initial Financial Effect

For this purpose, the entities must recognize in the statement of financial position

100% of the initial effect for the provisional estimate for credit risks and a deferred charge

for the same amount that will be reduced monthly against the result of

prior periods, until completing the recognition of the initial effect by December 31,

2027.

Regarding this, credit unions must disclose in the corresponding quarterly and annual financial

statements of the fiscal years 2026 and 2027, the effect derived from what is provided

in this fraction, as well as in any public communication of financial

information, as a minimum the following:

a)

That it opted to perform the deferred recognition of the initial financial effect,

derived from the application of these provisions, over a period of 24

months.

b)

A detailed explanation regarding the items and amounts for which the

accounting adjustment was made and its effect on the capitalization index and its components.

Credit unions must have constituted 100% of the amount of reserves derived from the

use of the methodologies applicable to the Commercial Credit Portfolio, in accordance with the

present Resolution, by December 31, 2027. "

TRANSITORY

SINGLE.- This Resolution shall enter into force the day following its publication in the Official Gazette

of the Federation.

Respectfully

Mexico City, December 20, 2024.- President of the National

Banking and

Securities Commission,

Dr.

Jesús de la Fuente Rodríguez .- Signature.

In the document you are viewing, there may be text, characters or objects that do not display correctly due to conversion to HTML format, so we recommend always taking as reference the digitized image of the DOF or the PDF file of the edition. The content, form and scope of published documents are the strict responsibility of their issuer.

CONSULT

BY DATE

Do Mo Tu We Th Fr Sa

INDICATORS

Exchange Rate and Rates as of 08/24/2026

DOLLAR

16.9018 UDIS

8.806514 TIIE 28 DAYS

6.7961% TIIE 91 DAYS

6.8338% TIIE 182 DAYS

6.8887% TIIE DE FONDEO

6.54%

See more

SURVEYS

Did you like the new look of the Official Gazette of the Federation website?

No

Yes

Official Gazette of the Federation

Río Amazonas No. 62, Col. Cuauhtémoc, C.P. 06500, Mexico City Tel. (55) 5093-3200, where you can access our menu of services

Electronic address: dof.gob.mx

113

LEGAL NOTICE | SOME RIGHTS RESERVED © 2026