Regulatory Alerts2022-08-23 | DOF 5662135Added · Updated
Modifications to the General Provisions on the Operations of the Retirement Savings Systems
The National Commission for the Retirement Savings System modifies the General Provisions on the Operations of the Retirement Savings Systems to align terminology and procedures with the creation of the 'Retirement Advisor' figure, which consolidates the roles of Promoter Agents and Service Agents. The amendments update definitions, registration requirements, and operational controls for Retirement Advisors, including mandates for electronic files, biometric signatures, and digital handwritten signatures during registration and account transfer processes. The changes also establish responsibilities for Administrators to verify advisor credentials, maintain audit logs, and ensure the integrity of worker identification files, while derogating specific articles to reflect these structural updates.
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