Modification to the General Provisions Governing Retirement Fund Administrators Regarding Their Promoting Agents

DOF: 28/12/2015

MODIFICATION to the general provisions that retirement fund administrators must comply with regarding their promoting agents

A seal with the National Emblem appears at the margin, which reads: United Mexican States.- Ministry of Finance and Public Credit.- National Commission for the Retirement Savings System.

MODIFICATION TO THE GENERAL PROVISIONS THAT RETIREMENT FUND ADMINISTRATORS MUST COMPLY WITH REGARDING THEIR PROMOTING AGENTS

The President of the National Commission for the Retirement Savings System, with the favorable opinion of the Advisory and Oversight Committee, based on Articles 1, 2, 5, fractions I, II, XII and XVI, 12 fractions I, VIII and XVI, 16 fraction XIII and 36, of the Law of the Retirement Savings Systems; Articles 1, 34, 45, 60, 67 fractions II, XII and XIII, 68 fractions XI, subsection b) and XXIII, 104 and 105 of the Regulations of the Law of the Retirement Savings Systems; Articles 1, 2, fraction III and 8 of the Internal Regulations of the National Commission for the Retirement Savings System, has deemed it appropriate to issue the following:

MODIFICATION TO THE GENERAL PROVISIONS THAT RETIREMENT FUND ADMINISTRATORS MUST COMPLY WITH REGARDING THEIR PROMOTING AGENTS

FIRST.- ARTICLE FIRST TRANSITIONAL, FRACTION III of the "GENERAL PROVISIONS THAT RETIREMENT FUND ADMINISTRATORS MUST COMPLY WITH REGARDING THEIR PROMOTING AGENTS", published in the Official Gazette of the Federation on January 6, 2015, is MODIFIED, to read as follows:

"ARTICLE FIRST. These general provisions shall enter into force on the next business day following their publication in the Official Gazette of the Federation, except for what is provided in:

I. ...

II. ...

III. The inclusion of the Biometric Signature in the Electronic File of the Promoting Agents referred to in Annex B, section VI, shall enter into force on May 2, 2016."

SECOND.- ARTICLE SIXTH TRANSITIONAL of the "GENERAL PROVISIONS THAT RETIREMENT FUND ADMINISTRATORS MUST COMPLY WITH REGARDING THEIR PROMOTING AGENTS", published in the Official Gazette of the Federation on January 6, 2015, is MODIFIED, to read as follows:

"ARTICLE SIXTH. Administrators must send to Operating Companies the Electronic Files of the Promoting Agents referred to in fractions I, II and III of the previous Third Transitional Article, no later than June 30, 2015, which must be integrated with all the elements established by these general provisions, with the exception of the Biometric Signature referred to in section VI of Annex B of these general provisions, which must be integrated by the Administrators into the Electronic Files of the Promoting Agents so that subsequently, these are sent to the Operating Companies no later than April 22, 2016."

TRANSITIONAL ONLY.- These modifications shall enter into force on the day following their publication in the Official Gazette of the Federation.

With the entry into force of these modifications, all provisions that contravene these are repealed.

Mexico City, D.F., December 21, 2015.- President of the National Commission for the Retirement Savings System, Carlos Ramírez Fuentes.- Signature.

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