Regulatory Alerts2025-05-29 | CDMF-XVI-2-25Added · Updated
Norm for the Processing of Administrative Appeals
The Monetary and Financial Board of Nicaragua issued Resolution CDMF-XVI-2-25 to establish the procedures, requirements, and timelines for filing and resolving administrative appeals against decisions by the Central Bank and the Superintendence. The regulation defines key terms, mandates physical submission of appeals with specific documentation, and sets strict deadlines for review and appeal processes. It also designates electronic notifications as legally binding and repeals the previous administrative appeals norm from 2022.
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