2021-04-28 | DOF 5617026Added · Updated
The National Banking and Securities Commission authorizes Marketplace Myo, S.A.P.I. de C.V. to organize and operate as a collective financing institution named BXL Fintech, S.A. de C.V., with an initial social capital of $7,911,330.00 MXN. The authorization is intransmissible and subject to supervision by the Commission and the Bank of Mexico. The entity must commence operations within six months of notification, failing which the authorization will be revoked, and must comply with all applicable financial technology regulations and anti-money laundering requirements.
DOF: 28/04/2021
OFFICE LETTER granting authorization for the organization and operation of a collective financing institution to be named BXL Fintech, S.A. de C.V., Collective Financing Institution.
At the margin, a seal with the National Coat of Arms, which reads: United Mexican States.- TREASURY.- Ministry of Finance and Public Credit.- National Banking and Securities Commission.- Presidency.- Office No.: P059/ 2021.
Subject:
Authorization for the organization and operation of
a collective financing institution to
be named BXL FINTECH, S.A. de C.V.,
Collective Financing Institution.
MARKETPLACE MYO, S.A.P.I. DE C.V.
Av. Mario Pani, No. 400, Floor 1,
Santa Fe Neighborhood, Cuajimalpa, Postal Code 05348,
Cuajimalpa de Morelos, Mexico City.
TO:
MR. CARLOS ALBERTO REYES PÉREZ
Legal Representative
With writings presented on September 25 and 26, 2019, Marketplace Myo, S.A.P.I. de C.V.
requested authorization from the National Banking and Securities Commission (Commission) to organize and operate as
a Collective Financing Institution to be named BXL FINTECH, S.A. de C.V., Collective Financing Institution, accompanying the same with the corresponding supporting information and documentation.
As a background, it should be noted that this Commission warned Marketplace Myo, S.A.P.I. de C.V. within
the period established in the Law to Regulate Financial Technology Institutions, in order to address
diverse observations and recommendations regarding its authorization request, granting the extension requested from this authority.
In relation to the above, Marketplace Myo, S.A.P.I. de C.V. submitted diverse documentation and information
in order to respond to the aforementioned warning. Likewise, this authority required Marketplace
Myo, S.A.P.I. de C.V. to provide complementary documentation and information in order to be in a position to
address its authorization request, so that society attended to the request for complementary information
and sent updated documentation and information regarding its file. The society
requested an extension of the resolution period granted to it.
Regarding this matter, the Interinstitutional Committee in a session held on March 26, 2021, with
basis in articles 11 and 35, in relation to articles 15 and 16 of the Law to Regulate
Financial Technology Institutions and,
CONSIDERING
FIRST.- That the documentation and information presented in connection with the authorization request
for the organization and operation of the Collective Financing Institution to be named BXL FINTECH,
S.A. de C.V., Collective Financing Institution, meets the requirements provided for in article 15 in
relation to article 39 of the Law to Regulate Financial Technology Institutions and with articles
3, 4 and 6 of the General Provisions applicable to Financial Technology Institutions, as
well as with the rest of the regulation that corresponds to it by its nature.
SECOND.- That from the analysis of the documentation and information received, it was concluded that from the point
of view legal, financial and operational, it is appropriate to grant the requested authorization, so that the following was adopted:
AGREEMENT
" FOURTH. - The members of the Interinstitutional Committee, based on articles 11 and 35, in
relation to article 15 of the Law to Regulate Financial Technology Institutions, approve by
unanimity the authorization for the organization and operation of a Collective Financing Institution to
be named BXL FINTECH, S.A. de C.V., Collective Financing Institution, under the terms of the
proposal presented to the Committee.
In virtue of the above, the publication in the Official Journal of the Federation of the authorization to
which article 38 of the Law to Regulate Financial Technology Institutions refers will be carried out. "
The above agreement is adopted without prejudice to the other authorizations that, in connection with the act described
must be obtained from the National Banking and Securities Commission, in terms of the applicable provisions,
as well as the exercise of the powers attributed to said Commission during the organization process of
BXL FINTECH, S.A. de C.V., Collective Financing Institution, in which all
conditions and requirements that the National Banking and Securities Commission itself imposes will be met.
The entity whose organization and operation is authorized will be subject to the following:
BASES
FIRST.-
The name of the society will be BXL FINTECH, S.A. de C.V., Collective Financing Institution.
SECOND.-
It will have its corporate domicile in Mexico City.
THIRD.-
Its duration will be indefinite.
FOURTH.-
The amount of its initial social capital will be $7,911,330.00 (seven million nine hundred eleven
thousand three hundred thirty pesos 00/100 M.N.).
FIFTH.-
Its corporate purpose will correspond to the activities indicated in article 15 of the Law to
Regulate Financial Technology Institutions and will carry out the operations and the
provision of services established in articles 16, fraction I and 19, fractions I, II,
III, IV, VI, VII, VIII, IX, X and XI of the aforementioned Law to Regulate Financial Technology
Institutions.
SIXTH.-
The authorization referred to in this office letter is, by its very nature,
non-transferable.
SEVENTH.-
The institution will be subject to the supervision of the National Banking and Securities Commission and
of the Bank of Mexico, in the exercise of their respective attributes, as well as,
of the other competent financial authorities in the terms established by law.
EIGHTH.-
The services consisting of collective debt financing that the institution provides
by virtue of this authorization, as well as the other operations it carries out, at
the same time that its organization and operation in general, will be subject to, in what is not
expressly stated in this office letter, to the Law to Regulate Financial Technology
Institutions, to the rules and general provisions applicable to Financial Technology
Institutions issued by the National Banking and Securities Commission, to the
dispositions that, within the scope of its attributes, the Bank of Mexico issues and to the
other current norms and provisions and those that are issued in the future by any
competent authority, including those related to operations with resources of illicit
origin and terrorism financing, which by their nature are applicable.
In accordance with what is established in article 69, fraction VI of the Law to Regulate Financial Technology
Institutions, this authorization may be revoked if BXL FINTECH, S.A. de C.V., Collective
Financing Institution does not start operations within a period of six months counted from the notification
of this authorization.
For the purposes of the above, BXL FINTECH, S.A. de C.V., Collective Financing Institution
must prove to this Commission at least thirty business days in advance of the start of its
operations, compliance with the requirements established in article 40 of the Law to Regulate
Financial Technology Institutions.
Finally, in a separate office letter, this Commission will make known to that society the diverse
documentation and information that BXL FINTECH, S.A. de C.V., Collective Financing Institution
must prove to this authority in complement to what is established in article 40 of the Law to Regulate
Financial Technology Institutions.
This is issued based on articles 16, fractions I and XVII of the Law of the
National Banking and Securities Commission and 12 and 41, fractions I and III of the Internal Regulations of the National Banking and Securities Commission.
Respectfully,
Mexico City, March 29, 2021.- The President, Juan Pablo Graf Noriega.- Rubric.
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