Regulatory Alerts2009-08-31 | Circular 20/2009Added
Circular 20/2009 — Amending Securities Lending Rules
The Bank of Mexico amends section 6.1 of the Rules governing securities lending operations to allow the agreed premium to be freely denominated in national currency, foreign exchange, or UDIS, regardless of the denomination of the securities involved. For transactions with non-entities where the premium currency differs from the security currency, institutions must record the counterparty's consent. This resolution enters into force on August 31, 2009.
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