Regulatory Alerts2018-04-16 | DOF 5519408Added
Official Letter Modifying the Authorization Granted to Atradius Seguros de Crédito, S.A.
The National Insurance and Sureties Commission modifies the authorization granted to Atradius Seguros de Crédito, S.A. to operate as an insurance institution. The changes update the registered office address from "Distrito Federal" to "Ciudad de México" and revise the capital requirements to state that the minimum paid-in capital must be expressed in Investment Units and paid in national currency, in accordance with Article 49 of the Insurance and Sureties Institutions Law. The resolution mandates that these modifications be published in the Official Gazette and two widely circulated newspapers within 120 days of notification.