Regulatory Alerts2016-02-12 | DOF 5425484Added
Amendment 2/16 to the Single Circular on Insurance and Sureties
The National Insurance and Sureties Commission modifies Appendix A2.3.1.13 of the Annex Transitorio 2 of the Single Circular on Insurance and Sureties to establish the monthly effective rates for CETES 28 days and LIBOR 30 days for the 2015 fiscal year. These specific rates are required by insurance institutions and mutual societies for calculating the technical reserves for catastrophic risks. The amendment enters into force the day following its publication in the Official Gazette of the Federation.
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