Regulatory Alerts2018-07-02
Added · Updated
Guide for Authorization of Applications for Market Risk Models
The CNBV establishes the legal, technical, and operational requirements for credit institutions to obtain approval for internal models determining deposit stability and passive rate sensitivity, and for calculating mortgage prepayment amounts. Additionally, it defines the classification procedures for housing subaccount balances held by INFONAVIT and FOVISSSTE in maturity bands exceeding one year. Institutions must submit specific documentation, including risk committee minutes and policy manuals, and comply with strict statistical validation and reporting obligations.