Regulatory Alerts2018-11-15 | DOF 5543953Added
Amending Resolution to the Resolution Modifying General Provisions Establishing Accounting Criteria for Participants in the Derivatives Contract Market
The National Banking and Securities Commission extends the effective date for the application of specific Financial Information Standards (B-17, C-3, C-9, C-16, C-19, C-20, D-1, D-2, and D-5) to January 1, 2020. This amendment applies to clearing houses and liquidating members participating in the market for derivatives contracts traded on stock exchanges, granting them additional time to adjust their accounting information systems. The resolution entered into force the day after its publication in the Official Gazette of the Federation on November 16, 2018.
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