Regulatory Alerts2020-08-21 | DOF 5598872Added
General Provisions Applicable to Price Providers
The National Banking and Securities Commission establishes general provisions for price providers, defining requirements for organization, service provision, and information delivery. The rules mandate specific valuation methodologies, including a three-level hierarchy for input data, and impose independence and conflict-of-interest restrictions on providers and their personnel. Providers must report market disarray or illiquidity conditions to the Commission within one business day and deliver valuation prices electronically on the same day of calculation. These provisions enter into force on January 1, 2022, repealing the previous 1999 regulations.
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