Regulatory Alerts2024-02-23 | DOF 5717833Added
Official Letter modifying the authorization granted to Principal Financial Group, S.A. de C.V., Grupo Financiero to exclude Principal Pensiones, S.A. de C.V. from the group
The Ministry of Finance and Public Credit modifies the authorization for Principal Financial Group, S.A. de C.V., Grupo Financiero to exclude Principal Pensiones, S.A. de C.V. from its membership. The financial group is now composed of the holding subsidiary, Principal Afore, S.A. de C.V., Principal Fondos de Inversión, S.A. de C.V., and Principal Seguros, S.A. de C.V. The resolution updates the group's composition in the original authorization granted to Principal Mexico Holding, S.A. de C.V., effective upon publication in the Official Gazette of the Federation.
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