Regulatory Alerts2007-12-11 | Circular 18/2007Added
Circular 18/2007 — Commission Registration
The Bank of Mexico establishes general provisions for the registration of commissions charged by financial entities for payment services and credits. Financial institutions must submit new or increased commission information at least 30 days before implementation, and reductions or cancellations at least 2 days prior. The Bank of Mexico publishes registered commissions and any observations on its website, with the provisions entering into force on December 13, 2007.
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