Circular 1/2016 — Modifications to Circular 3/2012 (Annex 20)

22 OFFICIAL GAZETTE Tuesday, January 26, 2016 BANK OF MEXICO CIRCULAR 1/2016 addressed to credit institutions and the National Financial Institution for Agricultural, Rural, Forestry and Fisheries Development, regarding the Modifications to Circular 3/2012 (Annex 20). At the margin a logo that says: Bank of Mexico. CIRCULAR 1/2016 TO CREDIT INSTITUTIONS AND THE NATIONAL FINANCIAL INSTITUTION FOR AGRICULTURAL, RURAL, FORESTRY AND FISHERIES DEVELOPMENT:
SUBJECT: MODIFICATIONS TO CIRCULAR 3/2012 (ANNEX 20) The Bank of Mexico, in order to continue promoting the sound development of the financial system, deems it necessary that multiple banking institutions be able to continue carrying out the calculation related to liquidity asset shortages as provided for in the regime for admission of liabilities and investment for foreign currency liability operations established in the Provisions applicable to the operations of credit institutions and the National Financial Institution for Agricultural, Rural, Forestry and Fisheries Development, included in Circular 3/2012; given this, it has resolved to modify Annex 20 of said Provisions, in order to make known the applicable calculation periods during 2016, 2017, 2018 and early 2019. For the above reason, based on Articles 28, sixth and seventh paragraphs, of the Political Constitution of the United Mexican States, 24, 26, 32 and 33, of the Bank of Mexico Law, 48 of the Credit Institutions Law, 22 of the Law for Transparency and Ordering of Financial Services, 4, first paragraph, 8, fourth and seventh paragraphs, 10, first paragraph, 14, first paragraph, in relation with 25 Bis, fraction VII, 14 Bis, first paragraph, in relation with 17, fraction I, and 14 Bis 1, first paragraph, in relation with 25 Bis 1, fraction IV, of the Internal Regulations of the Bank of Mexico, which grant it the authority to issue provisions through the General Directorate of Financial Stability, General Directorate of Legal Affairs and General Directorate of Financial System Affairs, respectively, as well as Second, fractions I, IV and X, of the Agreement on the Attachment of Administrative Units of the Bank of Mexico, it has resolved to modify Annex 20 of the “Provisions applicable to the operations of credit institutions and the National Financial Institution for Agricultural, Rural, Forestry and Fisheries Development”, contained in Circular 3/2012, to read as follows:

PROVISIONS APPLICABLE TO THE OPERATIONS OF CREDIT INSTITUTIONS AND THE NATIONAL FINANCIAL INSTITUTION FOR AGRICULTURAL, RURAL, FORESTRY AND FISHERIES DEVELOPMENT

“ANNEX 20
Schedule of periods for purposes of calculation related to Liquidity Asset Shortages

Initial Date of Period	Final Date of Period
February 11, 2016	March 9, 2016
March 10, 2016	April 6, 2016
April 7, 2016	May 4, 2016
May 5, 2016	June 1, 2016
June 2, 2016	June 29, 2016
June 30, 2016	July 27, 2016
July 28, 2016	August 24, 2016
August 25, 2016	September 21, 2016
September 22, 2016	October 19, 2016
October 20, 2016	November 16, 2016
November 17, 2016	December 14, 2016
December 15, 2016	January 11, 2017

Tuesday, January 26, 2016 OFFICIAL GAZETTE 23

January 12, 2017	February 8, 2017
February 9, 2017	March 8, 2017
March 9, 2017	April 5, 2017
April 6, 2017	May 3, 2017
May 4, 2017	May 31, 2017
June 1, 2017	June 28, 2017
June 29, 2017	July 26, 2017
July 27, 2017	August 23, 2017
August 24, 2017	September 20, 2017
September 21, 2017	October 18, 2017
October 19, 2017	November 15, 2017
November 16, 2017	December 13, 2017
December 14, 2017	January 10, 2018
January 11, 2018	February 7, 2018
February 8, 2018	March 7, 2018
March 8, 2018	April 4, 2018
April 5, 2018	May 2, 2018
May 3, 2018	May 30, 2018
May 31, 2018	June 27, 2018
June 28, 2018	July 25, 2018
July 26, 2018	August 22, 2018
August 23, 2018	September 19, 2018
September 20, 2018	October 17, 2018
October 18, 2018	November 14, 2018
November 15, 2018	December 12, 2018
December 13, 2018	January 9, 2019”

TRANSITORY
SINGLE.- This Circular shall enter into force on February 11, 2016. Mexico City, January 20, 2016.- The General Director of Financial Stability, Pascual Ramón Odogherty Madrazo.- Signature.- The General Legal Director, Luis Urrutia Corral.- Signature.- The General Director of Financial System Affairs, Jesús Alan Elizondo Flores.- Signature. For any queries regarding the content of this Circular, please contact the Management of Authorizations, Queries and Legal Control, at telephone numbers (55) 5237-2308, (55) 5237-2317 or (55) 5237-2000, extension 3200.