Regulatory Alerts2018-07-26
Added · Updated
Authorization Guide for Credit Institutions and Development Entities and Organizations
This guide establishes the procedural, legal, and technical requirements for Credit Institutions and Development Entities to request authorization from the CNBV to use internal methodologies for calculating capital requirements for credit risk and unexpected losses, as well as for classifying credit portfolios and determining reserves. It mandates specific documentation, including implementation plans, risk parameter evidence, and internal control validations, with authorizations generally valid for one year and subject to strict deadlines for subsequent submissions.