Regulatory Alerts2021-11-16 | DOF 5635314Added · Updated
Official Letter Authorizing the Organization and Operation of SDMX Superdigital, S.A. de C.V., Electronic Payment Funds Institution
The Interinstitutional Committee authorizes SDMX Superdigital, S.A. de C.V. to organize and operate as an Electronic Payment Funds Institution with an initial social capital of $47,500,000.00 MXN. The authorization is intransmissible and subject to supervision by the CNBV and the Bank of Mexico. The entity must commence operations within six months of notification or face revocation, and must verify compliance with Article 40 requirements at least thirty business days prior to starting operations.