Regulatory Alerts2023-08-03 | DOF 5697450Added
Office Memo granting authorization for the organization and operation of an electronic payment funds institution to be named Sodexo Servicios Operativos, S.A. de C.V., Electronic Payment Funds Institution
Authorization is granted for the organization and operation of Sodexo Servicios Operativos, S.A. de C.V. as an Electronic Payment Funds Institution with an initial capital of $32,000,000.00 MXN and indefinite duration. The entity is domiciled in Mexico City and must conduct activities in national currency pursuant to Articles 22 and 25 of the Law to Regulate Financial Technology Institutions. The authorization is non-transferable and subjects the institution to supervision by the National Banking and Securities Commission and the Bank of Mexico, requiring compliance with applicable regulations regarding illicit proceeds and terrorism financing.