Official Letter Modifying the Authorization Terms for The Export-Import Bank of Korea Representation Office in Mexico

DOF: 09/10/2024

OFFICIAL LETTER modifying the terms of the authorization for the establishment in national territory of The Export-Import Bank of Korea, Representation Office in Mexico.

At the margin, a seal with the National Emblem, which reads: United Mexican States.- TREASURY.- Ministry of Finance and Public Credit.- National Banking and Securities Commission.- Vice Presidency of Normativity.- General Directorate of Authorizations to the Financial System.- Vice Presidency of Supervision of Financial Groups and Intermediaries A.- General Directorate of Supervision of Financial Groups and Intermediaries B.-

Official Letter No.: 312-2/42753/2024.- File: CNBV.3S.1.312 (1106).

Subject:

The terms of the authorization for the establishment in Mexico of the representation office of The Export-Import Bank of Korea are modified.

THE EXPORT-IMPORT BANK OF KOREA
REPRESENTATION OFFICE IN MEXICO

Av. Presidente Masarik No. 490, Floor 8, Office C Col. Segunda Sección de Polanco, Miguel Hidalgo C.P. 11550 Mexico City

TO:

MR. SE-HO YANG
Representative

By Official Letter 312-2/42718/2024 dated September 13, 2024, this Commission authorized Mr. Se-Ho Yang as Representative in charge of The Export-Import Bank of Korea, Representation Office in Mexico.

For the above reason and based on the second paragraph of the Fourth of the Rules for representation offices of foreign financial entities, published in the Official Federal Gazette on December 31, 2014 (the Rules), this Commission deems it appropriate to modify the Third Resolutive Clause of the "Resolution granting authorization to The Export-Import Bank of Korea to establish a representation office in national territory," contained in Official Letter UBA/101/2003 dated October 21, 2003, published in the Official Federal Gazette (DOF) on November 27, 2003, to read as follows:

" ...

THIRD.- Mr. Se-Ho Yang shall be the representative in charge of the representation office in Mexico of The Export-Import Bank of Korea.

..."

This Official Letter must be published in the DOF, at the expense of the promoting entity.

Likewise, based on the second paragraph of the Fourth of the Rules, in relation to articles 97 of the Credit Institutions Law and 19 of the National Banking and Securities Commission Law, you are required to inform this authority of the date of publication carried out in the DOF of this Official Letter of modification, within a period of ten business days counted from the next business day following the date on which the aforementioned publication takes place, which must be processed within fifteen business days following the date of receipt of this Official Letter.

This Official Letter is issued based on articles 16, penultimate paragraph of the National Banking and Securities Commission Law; 14, 20, fraction V, 21, fractions I, subsection f), II and III and last paragraph, 44, fractions I and IV, 61, second paragraph and 64, first paragraph of the Internal Regulations of the National Banking and Securities Commission.

Respectfully,

Mexico City, September 25, 2024.- General Director of Authorizations to the Financial System, Lic. Aurora de la Paz Torres Arroyo.- Signature.- Coordinator of Supervision of Financial Groups and Intermediaries B4, Lic. Juan Manuel González Díaz.- Signature.- Coordinator of Supervision of Financial Groups and Intermediaries B3, C.P. Tania Angoli Avendaño Gómez.- Signature.

(R. 557382)

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