Regulatory Alerts2014-07-08 | Circular 1/2014Added
Circular 1/2014 — Modifies Circular 3/2012
The Bank of Mexico amends Annex 20 of Circular 3/2012 to establish the specific calculation periods for determining shortfalls in Liquid Assets for 2014, 2015, and early 2016. These periods apply to Credit Institutions and the National Financial Development Institution for Agriculture, Rural, Forestry, and Fisheries Development for the purpose of calculating liabilities in foreign currency. The circular becomes effective on January 16, 2014.
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