Regulatory Alerts2007-08-20 | Circular 7/2007Added
Circular 7/2007 — Modifies Circular-Telefax 2/2006
The Bank of Mexico modifies sections 2.4 and 4.2.5 of Office 305-038/2006 and adds Annex 2, titled "Quantification of the Cost for the Loan of Securities to Market Makers by the Bank of Mexico," to the procedures for acting as market makers for government securities. These changes are issued at the request of the Ministry of Finance and Public Credit to ensure credit institutions are informed of the updated rules and cost quantification methods.
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