Regulatory Alerts2020-09-11 | Circular 33/2020Added · Updated
Circular 33/2020 — Modifies Circular 20/2020
The Bank of Mexico modifies the valuation methodology for securities used in repo operations under the facility providing resources to credit institutions for financing micro, small, and medium-sized enterprises and individuals. The amendment updates the calculation of the estimated premium and the determination of security values on each banking day to facilitate more efficient resource provision during economic stress. These changes apply to all institutions of multiple banking and development banking, taking effect upon publication and allowing existing or pending operations to adopt the new terms.
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