Regulatory Alerts2002-10-31 | Circular 115/2002Added
Circular 115/2002 — Brokerage House Operations
The Bank of Mexico compiles and updates regulations governing brokerage house operations, specifically modifying the foreign exchange risk position regime to align with that applicable to credit institutions. The circular establishes limits on credit operations for financing own securities positions, repo transactions, and receivables, defines eligible collateral for automatic repo operations, and sets rules for the placement of government securities and monetary regulation bonds through auctions.
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