Regulatory Alerts2019-10-11 | DOF 5575198Added
Official Letter Modifying the Authorization Granted to Citibanamex Pensiones, S.A. de C.V. to Operate as an Insurance Institution
The National Insurance and Bonds Commission modifies the authorization granted to Citibanamex Pensiones, S.A. de C.V. to update its corporate domicile to Mexico City and to express its social capital in Investment Units (UDIs) payable in national currency. The resolution amends Article Three of the authorization to reflect these statutory changes and publishes the full updated authorization terms. The institution is required to publish these resolutions in the Official Gazette and two widely circulated newspapers within 120 days of notification.