Regulatory Alerts2019-12-24 | DOF 5582711Added
Notice of Closure of BAC Florida Bank Representation Office in Mexico and Revocation of Establishment Authorization
The National Banking and Securities Commission (CNBV) authorized the definitive closure of BAC Florida Bank's Representation Office in Mexico and revoked its establishment authorization. This action was taken following notifications submitted by the bank on October 21 and November 6, 2019, and was approved unanimously by the Board of Directors on November 28, 2019, based on favorable opinions from the Authorization Committee. The revocation applies to the authorization originally granted on November 29, 2013, and notified on December 6, 2013.
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