Regulatory Alerts2020-06-01 | DOF 5594167Added
Notice No. 366-III-163/20 Announcing Annual Inspection and Surveillance Fees for Insurance Institutions and Mutual Insurance Societies for the 2020 Fiscal Year
The Secretariat of Finance and Public Credit establishes the annual inspection and surveillance fees payable by insurance institutions and mutual insurance societies for the 2020 fiscal year, totaling 627.5 million pesos. These fees are effective from January 1, 2020, and must be paid monthly in advance within the first five days of each month via the E5 electronic payment system. Payment proof must be submitted to the National Insurance and Bonds Commission by the 15th of the respective month, with late payments subject to updates and surcharges. Insurance institutions issuing bonds must also pay additional amounts corresponding to bond operations.
More like this from SHCP
SHCP published 14 documents in the last 30 days. We email you each new one the day it's published.