Regulatory Alerts2023-02-10 | DOF 5679218Added · Updated
Official Letter modifying the authorization to organize, operate and function as a surety institution granted to Cesce Fianzas México, S.A. de C.V.
This document modifies the authorization granted to Cesce Fianzas México, S.A. de C.V. to operate as a subsidiary surety institution, specifically suppressing the fidelity and credit surety branches and their respective sub-branches from its corporate purpose. It updates the share capital provisions to require minimum paid capital determined per authorized branch or sub-branch in Investment Units and changes the social domicile from Federal District to Mexico City. The resolution mandates publication in the Official Gazette of the Federation and two widely circulated newspapers within 120 days following notification.