Regulatory Alerts2023-07-21 | DOF 5696332Added
Official Letter whereby the authorization granted to National Popular Credit Financial Society, S.A. de C.V., S.F.P., to operate as a Popular Financial Society is revoked
The National Banking and Securities Commission revokes the authorization for National Popular Credit Financial Society, S.A. de C.V., S.F.P. to organize and function as a Popular Financial Society. Upon notification of this resolution, the entity is incapacitated from conducting operations and enters a state of dissolution and liquidation in accordance with the Popular Savings and Credit Law. This decision relies on specific legal articles and was adopted by the Commission's Governing Board during an extraordinary session on July 7, 2023.
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