Regulatory Alerts2018-06-11 | DOF 5525677Added
Official Letter Modifying the Authorization Granted to Crédito Afianzador, S.A., Compañía Mexicana de Garantías
The National Commission of Insurance and Sureties modifies the authorization granted to Crédito Afianzador, S.A., Compañía Mexicana de Garantías to reflect changes in its bylaws. The modifications include changing the social domicile from the Federal District to Mexico City, removing the specific capital amount in favor of a minimum paid-in capital expressed in Investment Units as determined annually for each authorized line of business, and updating the corporate object to remove the reference to financial sureties. The full text of the modified authorization is published in the resolution.