Regulatory Alerts2018-11-12 | DOF 5543490Added
Office Order Revoking Authorization for Sociedad Financiera de Crédito Popular Nacional, S.A. de C.V., S.F.P. to Operate as a Popular Financial Society
The National Banking and Securities Commission revokes the authorization of Sociedad Financiera de Crédito Popular Nacional, S.A. de C.V., S.F.P. to operate as a popular financial society due to the suspension of its activities and failure to fulfill authorized functions. The entity is immediately prohibited from conducting operations and must enter a state of dissolution and liquidation. The Savings Protection Committee of the Fund for the Protection of Financial Societies and their Savers must designate a liquidator within 60 business days of the resolution's publication in the Official Gazette.
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