General Agreement Establishing Simplification and Administrative Improvement Actions for Procedures Before the National Banking and Securities Commission

GENERAL AGREEMENT ESTABLISHING SIMPLIFICATION AND ADMINISTRATIVE IMPROVEMENT ACTIONS FOR PROCEDURES BEFORE THE NATIONAL BANKING AND SECURITIES COMMISSION

Published in the Official Gazette of the Federation on May 18, 2026.

The National Banking and Securities Commission, a decentralized administrative body of the Secretariat of Finance and Public Credit, based on the provisions of Article 25, last paragraph of the Political Constitution of the United Mexican States; Article 19, fraction XIV and Article 24 of the National Law to Eliminate Bureaucratic Procedures; as well as Articles 4, fractions XXXVI and XXXVIII; 14; 16, fractions I and XVII of the National Banking and Securities Commission Law, and

CONSIDERING

That Article 25, last paragraph of the Political Constitution of the United Mexican States establishes that authorities at all levels of government must implement public policies for administrative simplification and digitalization of procedures and services, as well as good regulatory practices, to contribute to the development and well-being of the population;

That Articles 2, fractions VIII and IX and Article 6 of the National Law to Eliminate Bureaucratic Procedures dispose the obligation of authorities at all levels of government to guarantee the objectives of said Law and govern their actions under principles oriented towards simplification, legal certainty, transparency, innovation, and centrality of the person;

That said Law provides that procedures and services may be simplified through general agreements, including the enablement of digital tools or means, the reduction of deadlines, the elimination of bureaucratic requirements and costs of any kind, and the implementation of other administrative improvement actions;

That the National Banking and Securities Commission, a decentralized administrative body of the Secretariat of Finance and Public Credit, has as its object to supervise and regulate the entities comprising the Mexican financial system, as well as to request the necessary information for the exercise of its powers, in accordance with the Law, and

That, in compliance with the National Law to Eliminate Bureaucratic Procedures, the Commission considers it necessary to issue this General Agreement, to eliminate duplicate procedures, simplify processes, and merge various procedures regarding periodic information, registries, and obligations in the matter of AML/CFT, therefore it has resolved to issue the following:

GENERAL AGREEMENT ESTABLISHING SIMPLIFICATION AND ADMINISTRATIVE IMPROVEMENT ACTIONS FOR PROCEDURES BEFORE THE NATIONAL BANKING AND SECURITIES COMMISSION

ARTICLE ONE. - The obligation to present physically, where applicable, the following requirements is eliminated; without prejudice to the fact that indispensable information must be provided through the corresponding electronic forms, as applicable, to ensure the proper processing of the procedures.

No. Homoclave Procedure Name Eliminated Requirements

1 CNBV-28-024-A SITI PLD/FT Account. Modality:
Multiple-object financial societies, unregulated entities; exchange centers; money transmitters; investment advisors. Eliminated Requirements

1. Constitutive Act.
2. Free-form Request Letter.
   Elimination of duplicate requirement records in the Citizen Portal for Procedures and Services:
3. Constitutive Act.
4. Free-form Request Letter.
5. Official ID (INE or passport).
6. Proof of address.
7. Letter of conformity with the use and notification procedure.
   2 CNBV-30-004 SITI PLD/FT Account
8. Free-form Letter.
9. Constitutive Act.
   3 CNBV-28-015 Transmission of shares by more than 2% of paid-in capital.
10. The information of the shareholders who transmit
    shares by more than two percent of their paid-in capital.
    4 CNBV-19-039-A Transmission of shares by more than 2% of paid-in capital.
11. Federal Taxpayer Registry.
12. Name.
13. Date of registration of the transmission.
14. Shareholding percentage.
15. Unique Registry Key (CURP).

ARTICLE TWO. - Simplification actions are implemented regarding the procedures listed below:

No. Procedure Homoclave Procedure Name Implemented Improvement Requirements 1 CNBV-28-024-A SITI PLD/FT Account.
Modality:
Multiple-object financial societies, unregulated entities; exchange centers; money transmitters; investment advisors. Fusion of procedures with homoclaves:
CNBV-28-024-A
CNBV-30-004
CNBV-2025-016-004-A
To become:
SITI PLD/FT Account.
Unified with the following homoclave:
CNBV-2026-001

1. Electronic form.
2. Official ID.
3. Proof of address.
4. Letter of Designation of the Compliance Officer.
   In the case of not being an Investment Advisor who is a natural person, additionally the following documentation must be attached:
5. Minutes of the Board of Directors session or the
   Communication and Control Committee, as appropriate, where the representative or Compliance Officer is designated.
   2 CNBV-30-004 SITI PLD/FT
   Account.
   3 CNBV-2025-016-004-A
   SITI PLD/FT
   Account.

4 CNBV-28-015
Transmission of shares by more than 2% of paid-in capital.
Fusion of procedures with homoclaves:
CNBV-28-015
CNBV-19-039-A
To become:
Transmission of shares by more than 2% of paid-in capital.
Unified with the following homoclave:
CNBV-2026-002

1. Electronic form.
   5 CNBV-19-039-A
   Transmission of shares by more than 2% of paid-in capital.

ARTICLE THREE. - The registration of the following homoclaves is deleted from the Citizen Portal for Procedures and Services, with the objective of maintaining a single, clear, and standardized record of active procedures, thereby avoiding duplicates. Furthermore, these homoclaves may not be registered again in the Portal, in order to preserve the aforementioned condition.

This is for the purpose of improving the operational efficiency of institutional management, reducing administrative burdens, providing legal certainty, and implementing good regulatory practices, in accordance with Articles 3 fraction IX; 6 fractions II and VII, and 34 fraction III of the National Law to Eliminate Bureaucratic Procedures.

No. Homoclave Procedure Name
1 CNBV-2021-016-086-A Submit the compliance manual. Modality: Financial Technology Institutions.
2 CNBV-2021-016-087-A
Information on the integration of internal structures. Modality: Financial Technology Institutions.
3 CNBV-2021-016-088-A
Submission of internal audit report, or that of an independent third party to evaluate compliance with general provisions on the prevention of operations with proceeds of illicit origin and financing of terrorism. 4 CNBV-2021-016-089-A Reports of Relevant, Unusual, 24-hour Unusual, and Internal Concerning Operations. Modality: Financial Technology Institutions. 5 CNBV-12-001-L Quarterly periodic information that Multiple Banking institutions must send. Modality: Quarterly information, within 25 natural days following the month corresponding. 6 CNBV-12-028-A Submission of monthly periodic information that popular financial societies must send. Modality: Monthly information, on the last day of the immediate following month. 7 CNBV-12-030-A Persons responsible for sending periodic information that popular financial societies must send. Modality: Notification of the persons responsible for the information. 8 CNBV-12-029-A Submission of quarterly periodic information that Popular Financial Societies must send. Modality: Quarterly information no later than the last day of the immediate following month. 9 CNBV-2023-016-021-A Submit quantitative information on your operations, channels, type of clients, type of products and services, as well as the geographic zones where you operate. Modality: credit unions, general warehouse receipts. 10 CNBV-16-038 Registry of exchange centers and money transmitters. Modality: Register the societies with the object of carrying out foreign exchange and fund transmission operations in accordance with the General Law of Organizations and Auxiliary Credit Activities. 11 CNBV-16-039 Public registry of investment advisors. 12 CNBV-2021-016-085-A SITI PLD/FT Account. Modality: Financial Technology Institutions.

13 CNBV-2021-016-073-A
Notice to the National Banking and Securities Commission regarding the signing of the agreement to exchange information between financial entities that are part of the same financial group. 14 CNBV-2021-016-104-A Notice to the National Banking and Securities Commission regarding the agreement signed between a Foreign Financial Entity and a financial technology institution, to carry out information exchange. Modality: Financial Technology Institutions. 15 CNBV-2021-016-090-A Report when entities have legal or factual impediments to apply the general provisions on the prevention of operations with proceeds of illicit origin and financing of terrorism in offices located in national or foreign territory. Modality: Financial Technology Institutions. 16 CNBV-2021-016-092-A Report of Operations in foreign currency cash. 17 CNBV-2021-016-096-A Report of International Transfers. 18 CNBV-2021-016-101-A Report of Money Transmission.

ARTICLE FOUR. - The procedures indicated below are eliminated, derived from the third provision of “Circular 4/2019 addressed to Credit Institutions and Financial Technology Institutions regarding General Provisions applicable to Credit Institutions and Financial Technology Institutions in the operations they carry out with Virtual Assets”, which establishes that Financial Institutions are not authorized to celebrate or offer to the public operations with virtual assets, but rather, they may only carry out operations with virtual assets that correspond to internal operations, prior authorization from the Bank of Mexico.

No. Homoclave Procedure Name
1 CNBV-2019-016-011-A Report of Operations with Virtual Assets. Modality: Credit institutions.
2 CNBV-2021-016-091-A Reports of Operations with Virtual Assets.

ARTICLE FIVE. - For procedures with homoclave: “CNBV-2026-001 named SITI PLD/FT Account” and; “CNBV-2026-002 named Transmission of shares by more than 2% of paid-in capital”; they will be carried out through the SITI PLD/FT Portal.

ARTICLE SIX. - For the procedure with homoclave: “CNBV-2026-001: named SITI PLD/FT Account”; with the objective of reducing the bureaucratic cost that applicants assume, the document named “Letter of conformity with the use and notification procedure”; will be issued by the National Banking and Securities Commission, through the SITI PLD/FT Portal. This document will be available once the information and documentation provided has been validated. It must be downloaded, signed manually, and attached through said Portal by the applicants.

TRANSITIONAL PROVISIONS

FIRST. - This Agreement will enter into force from the day following its publication in the Official Gazette of the Federation.

SECOND. - Procedures entered prior to the publication of this Agreement will be resolved in accordance with the applicable regulations in force at the time of their submission.

THIRD. - The National Banking and Securities Commission, in accordance with this Agreement, will not request additional requirements beyond those provided in this Agreement, nor documentation held in its physical or electronic files, or simple copies.

FOURTH. - The National Banking and Securities Commission will modify the information that proves necessary in the procedure sheets registered in the Citizen Portal for Procedures and Services of the Digital Transformation and Telecommunications Agency, in accordance with what is established in Articles 53 and 54 of the National Law to Eliminate Bureaucratic Procedures.

FIFTH.- The National Banking and Securities Commission will carry out the relevant actions, in order to make known to the competent authorities the need to carry out the corresponding adjustments in the General Provisions referred to in Article 58 of the Law to Regulate Financial Technology Institutions; the General Provisions referred to in Article 115 of the Credit Institutions Law; and the Instruction for filling out and sending the information on the designation, revocation, and change of the representative or compliance officer through electronic means, as well as for the procedure of the single SITI/PLD account; linked to this General Agreement, within a maximum term of one year, counted from the entry into force of the same. This term is established in accordance with what is provided in Article 24, second paragraph, of the National Law to Eliminate Bureaucratic Procedures, with the purpose of guaranteeing the coherence and harmonization of the provisions, as well as the update of the regulatory frameworks that are modified or affected by the reforms and provisions provided herein, therefore, until such instruments are modified, the provisions of this General Agreement will apply.