Individual decision · SHCP · 9 Oct 2019 · DOF 5574848

Notice of the Definitive Closure of Wells Fargo Bank, National Association, Representation Office in Mexico, and Revocation of Authorization for Its Establishment

The National Banking and Securities Commission (CNBV) formally notifies the definitive closure of Wells Fargo Bank, National Association, Representation Office in Mexico, and revokes the authorization for its establishment. This action follows a notification submitted by the bank on July 17, 2019, and is based on the Rules for Representation Offices of Foreign Financial Entities and the Law of the CNBV. The revocation was approved unanimously by the Board of Directors on September 23, 2019, following a favorable opinion from the Authorization Committee on September 13, 2019.

MexicoSecretaria de Hacienda y Credito Publico

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The documents this one cites, and the documents that cite it.

Regulation dated 2014-12-31Not in RegAlertRegulation dated 2014-12-31 — Not in RegAlertResolution No. 210/12726/2010dated 2010-02-05Not in RegAlert · National Banking and Securities CommissionResolution No. 210/12726/2010 dated 2010-02-05 — Not in RegAlert · National Banking and Securities CommissionNotice of the DefinitiveClosure of Wells Fargo Bank, …2019-10-09 · this documentNotice of the Definitive Closure of Wells Fargo Bank, National Association, Representation Office in Mexico, and Revocation of Authorization for Its Establishment (2019-10-09)
amendssupersedesissued underrefers todashed card: not in RegAlert (or proposed)arrows run from the older text to the one that changes it
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Supersedes
  • Resolution No. 210/12726/2010 dated 2010-02-05Not in RegAlert · National Banking and Securities Commission

    “This resolution was notified through office number 210/12726/2010 issued by the National Banking and Securities Commission on February 5 of 2010.”

Issued under
  • Regulation dated 2014-12-31Not in RegAlert

    “based on what is established in the Fifteenth, section VI of the 'Rules for representation offices of foreign financial entities', published in the Official Gazette of the Federation on December 31, 2014”

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