Regulatory Alerts2019-04-09 | DOF 5557313Added
Official Letter Authorizing the Separation of Impulsora de Fondos, S.A. de C.V. from Grupo Financiero Citibanamex
The Ministry of Finance and Public Credit authorizes the separation of Impulsora de Fondos, S.A. de C.V. (formerly Impulsora de Fondos Banamex, S.A. de C.V.) as a financial entity from Grupo Financiero Citibanamex, S.A. de C.V., effective upon its registration in the Public Commerce Registry. The authorization is conditional upon the submission of the registration confirmation within twenty business days of notification. Additionally, the Ministry approves modifications to the Articles of Association and the Single Liability Agreement of Grupo Financiero Citibanamex, S.A. de C.V. to reflect this separation and the renaming of other group entities. The separating entity must publish the authorization and separation agreements in the Official Journal of the Federation at the group's expense.
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