Regulatory Alerts2003-06-27 | Circular 2/2003Added
Circular 2/2003 — Modifies Circular 1/2003
The Bank of Mexico extends the deadline for Specialized Investment Societies for Retirement Funds (SIEFORES) to submit required communications and certified copies of administrative powers to July 18, 2003, and delays the start of electronic communication from the Bank to August 4, 2003. SIEFORES must submit these documents individually, even if managed by the same administrator, though a single letter may be used if the signing officials are identical, provided it lists each SIEFORE and includes the respective certified powers.
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