2009-07-22 | Circular 18/2009

Added

Circular 18/2009 — Modifies Circular 2019/95

The Bank of Mexico modifies Annex 5 of Circular 2019/95 to establish procedures for submitting bids in liquidity auctions when the SIAC-BANXICO system fails. Institutions may use alternative electronic means for bids but must confirm them via a closed envelope containing a specific model and presentation letter to the National Operations Management by 17:00:00 on the same business day. The circular also validates electronic access and identification keys as having the same probative value as autograph signatures. These provisions entered into force on July 27, 2009.

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