Regulatory Alerts2025-06-13
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CNBV Governing Board Orders Intervention of Popular Financial Society CAME
The CNBV Governing Board ordered the managerial intervention of Consejo de Asistencia al Microemprendedor, S.A. de C.V., Sociedad Financiera Popular (CAME), to suspend its operations and protect savers' interests due to significant capital loss, evident financial insolvency, and accounting irregularities. CAME was placed in Category 4 of the Capitalization Level (NICAP) following supervisory visits and preventive measures, with a revocation procedure for non-compliance with capitalization requirements already underway. Savers' deposits are covered by the Protection Fund up to 25,000 UDIS per person or entity.
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