Regulatory Alerts2017-05-23 | DOF 5483818Added
Official Letter Authorizing Aseguradora Aserta, S.A. de C.V., Grupo Financiero Aserta, to Organize and Operate as an Insurance Institution
The National Commission of Insurance and Sureties authorizes Aseguradora Aserta, S.A. de C.V., Grupo Financiero Aserta, to organize and operate as an insurance institution in the lines of surety and credit, including related surety sub-lines. This authorization is subject to the institution obtaining a favorable opinion from the Commission within 180 days of the approval of its corporate bylaws; failure to obtain this opinion renders the authorization ineffective. The institution must also notify the Ministry of Finance and Public Credit regarding obligations under the Law to Regulate Financial Groups and publish the authorization in the Official Gazette and two widely circulated newspapers within 120 days of notification.