Regulatory Alerts2021-03-17 | DOF 5613771Added · Updated
Official Letter Modifying the Authorization to Organize and Operate as a Popular Financial Society Granted to Financiera Más, S.A. de C.V., S.F.P.
The National Banking and Securities Commission modifies the authorization for Financiera Más, S.A. de C.V., S.F.P. to organize and function as a popular financial society, specifically updating the First through Eighth bases of its original 2009 authorization. These changes reflect the approval of amendments to the company's Articles of Association, including its corporate name, indefinite duration, social object, domicile in Nuevo León, Level I operational status, and regulatory supervision framework. The modified authorization remains intransmissible and subjects the entity to the supervision of the CNBV and an authorized auxiliary federation, while adhering to applicable Mexican laws and regulations.
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