Regulatory Alerts2018-04-23 | DOF 5520362Added
Notice revoking the authorization granted to Union de Credito Agroindustrial, S.A. de C.V. to operate as a credit union
The National Banking and Securities Commission revokes the authorization of Union de Credito Agroindustrial, S.A. de C.V. to operate as a credit union due to failures to maintain required minimum capital levels and net capital relative to its authorized operational level. The entity is immediately prohibited from conducting operations and must enter a state of dissolution and liquidation. The entity is required to designate a liquidator within 60 business days following the publication of this resolution in the Official Journal of the Federation.
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