Regulatory Alerts2016-02-17 | DOF 5425988Added
Modificatory 3/16 of the Single Insurance and Surety Circular
The National Insurance and Sureties Commission modifies Annex 6.4.11 of the Single Insurance and Surety Circular to publish the Basic Adjustment Factor for Credit Risk (FBA) and the Credit Risk Adjustment Factor (FA) applicable to the fourth quarter of 2015. Authorized institutions offering financial guarantee insurance must apply these specific factors to determine the capital requirement factor for issued guarantees. The document provides a table assigning numerical values to these factors based on asset type and credit rating, with an effective date of the day following publication in the Official Gazette.