Regulatory Alerts2017-12-18 | DOF 5508103Added
General Provisions Designating the Days in 2018 When Financial Entities Supervised by the CNBV Must Close and Suspend Operations
The document mandates that supervised financial entities in Mexico close their doors and suspend public operations on specific dates in 2018, including New Year's Day, Presidents' Day, Labor Day, Independence Day, Revolution Day, and Christmas dates, as well as all Saturdays and Sundays. It permits certain entities, such as exchange houses and general warehouses, to remain open year-round, while allowing other financial institutions to open or close on additional days by submitting a prior notice with justification to the regulator. The regulator retains the authority to order closures for national security reasons, veto calendars that disrupt the payment system, and requires entities to maintain records of all operational changes and notify immediate impacts on service continuity.
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