Regulatory Alerts2024-05-03
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Comunicado No. 10 Designation of Local Systemically Important Multiple Banking Institutions
The National Banking and Securities Commission (CNBV) designates specific multiple banking institutions as locally systemically important based on an annual evaluation using data as of December 2023. These designated institutions are required to maintain an additional capital conservation supplement ranging from 0.60 to 1.50 percentage points, depending on their assigned systemic importance grade. The designation applies to nine institutions categorized into four grades, with Grade I institutions requiring a 0.60% supplement and Grade IV institutions requiring a 1.50% supplement.
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