Regulatory Alerts2023-03-01 | DOF 5681213Added · Updated
Office Memorandum granting authorization for the organization and operation of an electronic payment funds institution named Servicios de Catering Merci, S.A.P.I. de C.V., Institution of Electronic Payment Funds
Authorization is granted for the organization and operation of Servicios de Catering Merci, S.A.P.I. de C.V. as an Electronic Payment Funds Institution with indefinite duration and domicile in Mexico City. The entity must maintain an initial share capital of $30,050,000.00 MXN and is subject to supervision by the National Banking and Securities Commission and the Bank of Mexico under the Law to Regulate Financial Technology Institutions. This authorization is non-transferable and requires compliance with all applicable regulations regarding electronic payment funds and anti-money laundering provisions.