Regulatory Alerts2022-12-13 | Circular 20/2022Added · Updated
Circular 20/2022 — Modifies Circular 4/2012
This circular amends Circular 4/2012 by adding definitions for Unique Product Identifier (UPI) and Unique Transaction Identifier (UTI) and imposing reporting obligations on credit institutions, brokerage houses, investment funds, and multiple-object financial societies for over-the-counter derivative operations. Entities must include the UPI in information reports and the UTI in trade confirmations, with UTI requirements effective December 1, 2023, and UPI requirements effective 360 days after the first recognition published by the Bank of Mexico.
More like this from BANXICO
We email you every new BANXICO publication the day it's published.
Topics
Share