Regulatory Alerts2022-11-25 | DOF 5672455Added · Updated
Official Letter Authorizing the Organization and Operation of Depósitos y Pagos Digitales, S.A.P.I. de C.V., Electronic Payment Funds Institution
The National Banking and Securities Commission authorizes Kuspit Casa de Bolsa, S.A. de C.V. to organize and operate an electronic payment funds institution named Depósitos y Pagos Digitales, S.A.P.I. de C.V. The authorized entity must have an initial social capital of $12,300,000.00 MXN and its operations are subject to supervision by the Commission and the Bank of Mexico. The institution must demonstrate compliance with the requirements of Article 40 of the Law for the Regulation of Financial Technology Institutions at least thirty business days prior to the start of its operations.