Regulatory Alerts2025-03-05 | CDMF-VII-3-25Norm Reforming Articles 20 and 21 of the Standard on Investment Limits for Insurance, Reinsurance, and Surety Companies
The Monetary and Financial Board issued Resolution CDMF-VII-3-25 to amend Articles 20 and 21 of the Standard on Investment Limits for Insurance, Reinsurance, and Surety Companies. The reform updates the table of risk rating categories in Article 21 to align with methodological changes made by rating agencies, specifying the minimum credit ratings required for first-tier entities. The regulation establishes that the lowest available rating applies when multiple ratings exist and mandates that valid ratings be permanently accessible on the agencies' and institutions' websites.
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