Regulatory Alerts2021-11-19 | DOF 5635830Added · Updated
Official Letter Modifying the Authorization for BBVA Seguros Mexico, S.A. de C.V., BBVA Mexico Financial Group, to Organize, Operate, and Function as an Insurance Institution
The National Insurance and Bonding Commission modifies the authorization granted to BBVA Seguros Mexico, S.A. de C.V., to reflect the entity's name change from Seguros BBVA Bancomer and to update applicable legal references. The resolution updates the institution's bylaws to remove references to the abolished General Law of Insurance Mutual Institutions and Societies, replacing them with the current Insurance and Bonding Institutions Law, and removes the term "Federal District" from its social domicile. The authorization is published in the Official Gazette and two widely circulated newspapers within 120 days of notification.