Regulatory Alerts2021-11-16 | DOF 5635315Added · Updated
Authorization for the Organization and Operation of PTMPRIME, S.A. de C.V., Electronic Payment Funds Institution
The Interinstitutional Committee authorizes PTMPRIME, S.A. de C.V. to organize and operate as an Electronic Payment Funds Institution with a social domicile in Mexico City and an initial share capital of $28,952,585.00 MXN. The authorization is intransmissible and subjects the entity to supervision by the National Banking and Securities Commission (CNBV) and the Bank of Mexico, requiring compliance with the Law for the Regulation of Financial Technology Institutions and related general provisions. PTMPRIME must also adhere to the terms and obligations outlined in official document P076/2021 dated April 14, 2021.