Regulatory Alerts2025-06-04 | CDMF-XIX-3-25Added · Updated
Norm on Authorization and Regulation of Financial Leasing Entities
The Monetary and Financial Board Council issued Resolution CDMF-XIX-3-25 to regulate the authorization and operation of Financial Leasing Entities (EAFs) in Nicaragua, establishing a C$20 million minimum capital requirement and strict governance standards. The resolution mandates a structured approval process involving feasibility studies, internal and external audits, and specific contract elements, while granting the Superintendent authority to inspect entities and order the cessation of operations for non-compliance. Existing entities are granted a 90-day transition period to register and submit an adaptation plan to align with these new regulatory frameworks.
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