Regulatory Alerts2019-12-17 | DOF 5582062Added
General Provisions Designating Days in 2020 for Closure and Suspension of Operations by Retirement Fund Administrators and Related Entities
The National Commission for the Retirement Savings System establishes specific holidays in 2020 on which retirement fund administrators, similar public institutions, specialized investment societies, and national SAR database operators must close their doors and suspend operations. The Commission itself also suspends activities on these dates, which are deemed inhospitable for filing administrative appeals or submitting required information. Additionally, the Commission retains the authority to order closures or openings for inspection purposes and may authorize entities to propose additional closure days based on internal labor practices.
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