DOF: 06/11/2026

RESOLUTION amending the General Provisions applicable to credit institutions

RESOLUTION amending the General Provisions applicable to credit institutions.

In the margin, a seal with the National Coat of Arms, which says: United Mexican States.- Treasury.- Ministry of Finance and Public Credit.- National Banking and Securities Commission.

The National Banking and Securities Commission, with the approval of its Governing Board and based on articles 98 Bis and 119 of the Credit Institutions Law; as well as 4, fractions II, V, XXXVI and XXXVIII; 12, fraction XV and 16, fractions I and VI of the Law of the National Banking and Securities Commission, and

CONSIDERING

That, the Credit Institutions Law empowers the National Banking and Securities Commission to issue general provisions applicable to credit institutions, including those related to contingency plans, their requirements, updating, submission deadlines and the procedure for their approval;

That, the general provisions applicable to credit institutions in force provide for the regulation applicable to the contingency plans of multiple banking institutions; however, the current wording does not expressly specify the cases in which approval from the National Banking and Securities Commission must be requested, those in which only the updating of the plan is appropriate, nor the cases in which the authority may require modifications, which generates uncertainty regarding the scope of the obligations of the institutions and the applicable deadlines for the issuance of the corresponding resolution, and

That, with the purpose of providing greater legal certainty and operational clarity to multiple banking institutions, as well as regarding the actions of the National Banking and Securities Commission, it is considered necessary to specify the cases related to the approval, updating and modification of contingency plans, as well as to expressly establish the deadlines for the issuance of the corresponding resolutions; therefore, it has resolved to issue the following:

RESOLUTION AMENDING THE GENERAL PROVISIONS

APPLICABLE TO

CREDIT INSTITUTIONS

SOLE. - The name of Annex 69 is AMENDED to read as Requirements of the Contingency Plans of multiple banking institutions ; the index of Annex 75, as well as articles 68, first paragraph; 69, fraction X and 71, fraction I, in its subparagraph f); 172 Bis 37; 172 Bis 38 and 172 Bis 39, the Notice format regarding possible situations that compromise the effectiveness of the contingency plan is ADDED to Annex 75 and Annex 69 of the General Provisions applicable to credit institutions , published in the Official Gazette of the Federation on 2 December 2005, amended by various resolutions, is REPLACED to read as follows:

List of Annexes Annex 1 to 68 . . . Annex 69 Requirements of the Contingency Plans of multiple banking institutions. Annex 70 to 75 . . .

Article 68.- The Board of each Institution shall be responsible for approving the Desired Risk Profile for the Institution, the Framework for Comprehensive Risk Management, the Risk Exposure Limits, the Risk Tolerance Levels, the mechanisms for the implementation of corrective actions, the Contingency Financing Plan, as well as the Contingency Plan and its updates. The Board may delegate to the risk committee the power to approve the Specific Risk Exposure Limits and the Risk Tolerance Levels for each business unit and type of risk to which the Institution is subject. . . . . . . . . .

Article 69.- . . . I. to IX. . . .

• X.

• Prepare and update the Contingency Plan, incorporating the adjustments that, if applicable, the Commission requests,

• supported by the areas it considers necessary for this purpose, as well as submit it

• to the consideration of the committee

• of risks.

• XI. and XII.

• . . .

Article 71.- . . .

• I.

• . . .

  • a) to e)

  • . . .

  • f)

  • The Contingency Plan and its updates.

• II. to IX.

• . . .

Article 172 Bis 37.- Multiple banking institutions must have a Contingency Plan that establishes the detail of the actions, criteria and strategies they will implement to restore their financial situation in the event of the possible materialization of adverse scenarios that could affect their solvency or liquidity.

The Contingency Plan, as well as its updates, must be prepared by the general director, in accordance with Article 69, fraction X and Annex 69, of these provisions and approved by the Board, in accordance with the provisions of Article 68, first paragraph, of these provisions.

The Commission, after hearing the Secretariat, the IPAB and the Bank of Mexico, shall publish on its website, within the first fifteen calendar days of the month of December, the calendar containing the submission dates of the Contingency Plan of multiple banking institutions subject to an approval or updating process, as applicable. Such plans must be submitted on the first business day of the corresponding month between the months of April and November of the immediately following year, in accordance with the provisions of this Section and in accordance with the aforementioned calendar.

Likewise, multiple banking institutions must request approval of the Contingency Plan from the Commission, within the following deadlines and cases:

• I.

• Within the year following the date on which they obtain the authorization referred to in Article 8, third paragraph

• of the Law to begin operations as a multiple banking institution, provided that it is a company

• that, at the time of requesting said authorization, did not have authorization to organize and operate as an entity

• financial, in terms of the provisions of Article 3, fraction IV of the Law of the National Banking and Securities

• Commission.

• II.

• Within the 180 calendar days following the date on which they obtain authorization for the start of their

• operations, provided that the authorization to organize and operate as a multiple banking institution has

• been granted in terms of Article 10 Bis of the Law.

Once the application for approval of the Contingency Plan is received, the Commission, no later than within the following ten business days, shall request the opinion of the Secretariat, of the IPAB and of the Bank of Mexico, in accordance with the provisions of the second paragraph of Article 119 of the Law. Said authorities must issue their opinion within a period of seventy business days counted from the day of receipt of the application in question. In the event that the opinion is not issued within the indicated period, the Commission shall decide what corresponds, without the need to consider said opinion.

Once the period indicated in the previous paragraph for the authorities to issue their opinion has concluded, the Commission shall have a period of thirty business days to communicate to the multiple banking institution, to the Secretariat, to the IPAB and to the Bank of Mexico the approval of the Contingency Plan or, as the case may be, it shall issue a single preventive notice, with which it shall communicate that the plan presented does not comply with the requirements provided in these provisions, as well as Annex 69, or else, that it does not prove its effectiveness in restoring the financial situation of the multiple banking institution in the face of the possible materialization of adverse scenarios, in which case, the same institution must present the adjusted Contingency Plan within a period no greater than thirty business days, counted from the date of receipt of the corresponding preventive notice.

The Commission shall have a period of ten business days counted from the receipt of the adjusted Contingency Plan, to share it with the Secretariat, the IPAB and the Bank of Mexico. Likewise, the Commission together with the aforementioned authorities shall have a period of fifty business days to review the adjusted Contingency Plan and issue their opinion. In the event that the authorities do not issue their opinion within the indicated period, the Commission shall decide what corresponds, without the need to consider said opinion.

Finally, the Commission shall have a period of thirty business days to determine and notify the multiple banking institution, the Secretariat, the IPAB and the Bank of Mexico, of the approval of the Contingency Plan or, otherwise, its non-approval when it does not comply with the requirements of these provisions, as well as Annex 69, or that said Contingency Plan is insufficient to restore the financial situation of the multiple banking institution in the face of the possible materialization of adverse scenarios that could affect its solvency or liquidity, without prejudice to the sanctions that could be applicable to the institutions in terms of Article 108 of the Law and of these provisions.

Regardless of the sanctions that, as the case may be, take place, multiple banking institutions that do not have a previously approved Contingency Plan must present a new application for approval within a period no greater than forty business days following the notification of the corresponding resolution, which shall be processed in the terms and within the periods described in this Article.

Without prejudice to the foregoing, the Commission, after hearing the Secretariat, the IPAB and the Bank of Mexico, may determine periods greater than those indicated in the fourth and ninth paragraphs of this Article, when they consider it so for purposes of the planning and scheduling of the approval of the Contingency Plans by the authorities, which must be published in the calendar referred to in the third paragraph of this Article.

Article 172 Bis 38.- Multiple banking institutions that have an approved Contingency Plan must present to the Commission the update of said plan, with prior approval of its Board, in accordance with the dates contained in the calendar referred to in Article 172 Bis 37, third paragraph of these provisions, in accordance with the following:

• I.

• Every 2 years, in the case of multiple banking institutions that, in terms of

• these provisions, are

• considered as Multiple Banking Institutions of Local Systemic Importance.

• II.

• Every 3 years, in the case of the rest of the multiple banking institutions.

The updates to the Contingency Plan shall not require the approval of the Commission and must be accompanied by a synthesis of the changes made with respect to the previously approved or updated plan.

The Commission shall share the update of the Contingency Plans with the Secretariat, the IPAB and the Bank of Mexico within a period no greater than ten business days counted from the receipt of said updates.

The IPAB or the Bank of Mexico may request the Commission, that it in turn request the multiple banking institution in question, a new update of the Contingency Plan, in accordance with Article 119, fifth paragraph of the Law, in which case the Commission shall determine its inclusion in the corresponding delivery calendar, in terms of the provisions of Article 172 Bis 37 of these provisions, at any time.

Unless the Commission determines otherwise, the updates of the Contingency Plan presented by the multiple banking institutions shall constitute the instrument in force to face possible adverse scenarios that may affect their solvency or liquidity.

Article 172 Bis 39.- Multiple banking institutions that have an approved Contingency Plan must submit a notice to the Commission when they determine that any of the following assumptions is updated and the effectiveness of the Contingency Plan in force is compromised:

• I.

• Acts are carried out or events occur that deteriorate or could deteriorate their financial situation and

• have not activated the Contingency Plan in force.

• II.

• Their organizational structure is substantially modified.

• III.

• Modifications are made to the general operating plan referred to in Article 10, fraction IV of the Law.

• IV.

• The thresholds of their main financial, solvency or liquidity indicators that make up the

• Desired Risk Profile are modified, provided that this does not imply a more conservative or risk-averse strategy.

• V.

• They participate in a merger or spin-off process, in their capacity as merging or spinning-off institution, in

• accordance with Articles 27 and 27 Bis of the Law, respectively.

The notice referred to in this Article must be submitted within thirty calendar days following the date on which any of the assumptions indicated in the fractions of the preceding paragraph is updated, in accordance with Annex 75, so that the Commission evaluates the inclusion of a new application for approval of its Contingency Plan in the delivery schedule referred to in Article 172 Bis 37 of these provisions. Said notice must contain:

• I.

• The reasons why the multiple banking institution considers that the effectiveness of its Contingency Plan

• has been compromised.

• II.

• A synthesis of the new risks or vulnerabilities that the multiple banking institution could face, the

• manner in which these could affect the effectiveness of the Contingency Plan in force and the elements that will be

• considered in the new Contingency Plan that, if required, will be submitted for approval.

Without prejudice to the foregoing, the Commission may require a multiple banking institution to submit a new application for approval of the Contingency Plan in the following cases:

• I.

• Five years or more have elapsed since the submission of the last application for approval of said plan.

• II.

• It considers that the effectiveness of the Contingency Plan in force has been compromised.

• III.

• It determines that the update submitted in accordance with Article 172 Bis 38 of these

• provisions implies or contains relevant modifications to the Contingency Plan.

• IV.

• The Secretariat, the IPAB or the Bank of Mexico request the Commission to require the corresponding multiple banking institution

• to submit a new application for approval of the Contingency

• Plan.

In any of the foregoing cases, the Commission, after hearing the Secretariat, the IPAB and the Bank of Mexico, shall determine at any time the inclusion of the multiple banking institution in the delivery schedule referred to in Article 172 Bis 37, third paragraph of these provisions.

Without prejudice to the foregoing, the Commission, after hearing the Secretariat, the IPAB and the Bank of Mexico, may establish an early date for the submission of the new application for approval of the Contingency Plan, when the nature or magnitude of the updated assumptions requires its immediate attention.

TRANSITORY

FIRST. - This Resolution shall enter into force on the day following its publication in the Official Gazette of the Federation.

SECOND. - The Contingency Plans corresponding to the schedules published prior to the entry into force of this Resolution and that are pending approval shall be considered as the updates corresponding to the year in which they were submitted, provided that the multiple banking institution in question has a previously approved Contingency Plan.

THIRD. - Multiple banking institutions that, as of the date of entry into force of this Resolution, do not have any previously approved Contingency Plan, shall continue the approval process in accordance with the last application submitted and in accordance with the schedules published by the Commission.

Sincerely
Mexico City, on 29 October 2026.- President of the National Banking and Securities Commission, Ángel Cabrera Mendoza .- Signature.

ANNEX 69

Requirements of the Contingency Plans of multiple banking institutions

The Contingency Plans and the updates that multiple banking institutions must submit to the Commission under the terms of the provisions of Title Two, Chapter VIII, Section Two of these provisions, as well as the provisions of Article 119 of the Law, must be submitted in electronic version, in an editable and legible format, that allows their analysis, processing and extraction of information, developing the Contingency Plan in the order established in this Annex and together with the information indicated in the following sections:

• I.

• Executive summary

• Multiple banking institutions must submit the executive summary of their Contingency Plan, which

• must include:

  • a)

  • An Index with all the requirements of the Contingency Plan provided for in this Annex and a list of

  • their location in the content of the Contingency Plan of the entity.

  • b)

  • A table describing each of the events and indicators that would lead to the activation of the Contingency

  • Contingency or the assessment of its potential activation, indicating the thresholds established to activate

  • the plan or mitigation actions, as applicable, for each of said indicators.

  • c)

  • A description of the main vulnerabilities identified in its solvency and liquidity indicators.

  • d)

  • A table with the main recovery actions, indicating under which scenarios said actions would be

  • implemented.

  • e)

  • A description of the reasons why the Board considers that the Contingency Plan is feasible and

  • executable in scenarios of financial stress and that the expected results of each of the recovery

  • actions are acceptable. Such reasons shall be recorded in the minutes of the Board meeting in which the

  • corresponding Contingency Plan is approved.

  • f)

  • A general description of the main legal, operational, financial or any other obstacles or difficulties that

  • could prevent the implementation of the Contingency Plan as a whole and the solutions that

  • could address said obstacles. In the event that the multiple banking institution does not identify obstacles or

  • difficulties, it shall include a justification.

  • g)

  • In the case of an update to the Contingency Plan, the multiple banking institution shall include

  • a summary of the relevant changes that have occurred in said institution, considering the impact they had on

  • the operational and financial viability of the multiple banking institution, since the last Contingency Plan

  • submitted. In the event that the same institution does not identify relevant changes, it shall expressly

  • indicate so.

Additionally, it shall include in said summary the arguments demonstrating that the effectiveness of the Contingency Plan currently in force has not been compromised or that they are not relevant modifications to said previously approved Plan.

II.

Description of the operational structure, business model and essential functions whose suspension could

cause adverse effects on other financial entities

Multiple banking institutions shall include the following elements in the Contingency Plan:

• a)

• Detailed description of the multiple banking institution and its business strategy, identifying and

• explaining its essential business lines, its Desired Risk Profile, as well as its sources and uses of

• financing.

• b)

• Description, where applicable, of the merger, spin-off or sale processes of its subsidiaries or business lines, which are

• in progress or which have been completed since the last update to the Contingency

• Plan.

In the event that the multiple banking institution is not in the situation established in this section, it shall expressly indicate so.

• c)

• List of the companies that maintain a Business Link or Patrimonial Link with the multiple banking

• institution, describing the type of relationship they maintain and, where applicable, the percentage of direct or indirect

• participation it represents in its share capital.

In the event that the multiple banking institution is not in the situation established in this section, it shall expressly indicate so.

• d)

• List of natural or legal persons, other than those indicated in the previous section, that are

• significant to the operation of the multiple banking institution. To this end, the relationship maintained by the

• institution with said persons shall be described, as well as the reasons justifying said significance.

In the event that the multiple banking institution is not in the situation established in this section, it shall expressly indicate so.

• e)

• Description of the main service or commission contracts entered into with third parties, considering, where

• applicable, the information developed by multiple banking institutions regarding business continuity

• with respect to critical suppliers and operational dependencies associated with essential functions.

Said description shall include, at a minimum, the name or corporate name of the supplier, corporate purpose, term of the contractual relationship, as well as, where applicable, the general mechanisms provided by the multiple banking institution to mitigate impacts arising from a potential interruption of services provided by critical suppliers.

• f)

• Description of the critical functions of the multiple banking institution whose interruption could cause

• adverse effects to other financial entities.

• g)

• Description of the relevant information management systems, including a description of the

• ways in which it will be guaranteed that the information will be available reliably and in a timely manner under

• conditions of financial stress.

• h)

• Description of the multiple banking institution's participation in payment systems, central counterparties,

• custodians and clearing houses, indicating for each one the average and volume of

• operations in the last twelve months.

• i)

• List of the main jurisdictions in which the multiple banking institution operates, specifying its

• sectoral concentration by geographic zone.

• j)

• Organizational chart of the multiple banking institution, from the general director to the officials holding

• positions in the two immediate lower hierarchies to that of the latter, indicating the role of their participation in the

• development or activation of the Contingency Plan, indicating the name, position and contact details of

• each of them.

• k)

• Quantitative information relating to its infrastructure detailing, at a minimum, the geographic distribution of

• personnel (hired directly or indirectly), as well as its branches and automated teller machines, where applicable.

• l)

• Indication of whether the multiple banking institution is part of a financial group, business group or whether it is

• a subsidiary of a controlling company or a foreign financial institution, in which case it must

• include the following:

  • i.

  • The description of the group to which the multiple banking institution belongs, specifying the percentage

  • of the assets of said institution and the financial profit it contributed to the group, in both cases, in relation

  • to the twelve months prior to the preparation of the Contingency Plan. Likewise, include a description

  • of the shareholding of the multiple banking institution.

  • ii.

  • The description of the relevant agreements entered into with other entities of the group, including the

  • quantification of exposures, funding, guarantees and capital flows, among others, that arise from

  • said agreements.

In the event that the multiple banking institution indicates that it does not have agreements entered into with other entities of the group, it must expressly state so.

    - iii.

    - The description of the legal and operational restrictions that exist for the free flow of resources between the

    - multiple banking institution and the members of the group and their implications for the proper execution and

    - implementation of the recovery actions considered in the Contingency Plan of the

    - multiple banking institution.

    - iv.

    - The description of the set of actions that the financial group, business group,

    - controlling company or financial institution

    - will carry out, in the event that any of the financial entities,

    - national or foreign, that are part of the same financial group, business group or controlling

    - company, had to restore its financial situation in adverse scenarios. Likewise, the

    - multiple banking institution must indicate the probable impact derived from the implementation of

    - said actions, and which could affect its solvency or liquidity

    - v.

    - In the case of Subsidiaries or multiple banking institutions with 51 % or more direct or indirect

    - participation in their share capital by a foreign financial institution, they must indicate the

    - manner in which the Contingency Plans or similar procedures of said

    - foreign financial institutions are consistent with the Contingency Plan of the multiple banking institution.

III.

Participation of the governing bodies and the corporate structure of the multiple banking institution

in the design, development and implementation of the Contingency Plan

Multiple banking institutions must include within their preparatory and implementation measures for the Contingency Plan the following elements:

• a)

• The description of the internal policies and procedures that establish the preparation, review and approval

• of the Contingency Plan, in accordance with the Law and the provisions.

• b)

• The description of the participation of administrative units, governing bodies, committees of the

• multiple banking institution and its top officials, clearly defining their roles and

• responsibilities in, at least, each of the following stages:

  • i.

  • Design of the Contingency Plan.

  • ii.

  • Monitoring of indicators with respect to their thresholds.

  • iii.

  • Activation of the Contingency Plan.

  • iv.

  • Execution of recovery actions.

  • v.

  • Follow-up on the implementation of recovery actions.

  • vi.

  • Evaluation of expected results and continuous improvement of recovery actions.

• c)

• The description of the mechanisms established by the multiple banking institution to ensure that the

• personnel involved in the execution of the Contingency Plan maintain up-to-date knowledge thereof.

• d)

• The description of the processes, means, deadlines and responsible parties to inform the Board when the Contingency

• Plan is activated.

• e)

• The description of how the Contingency Plan integrates or complements the Comprehensive Risk

• Management of the multiple banking institution in question, including its relationship with its Desired

• Risk Profile.

• f)

• The description of the mechanism established by the multiple banking institution for the activation of the Contingency

• Plan, including the area, responsible officials, means and maximum notification period

• (expressed in number of hours), which must not exceed 24 hours after the activation of the Contingency

• Plan. Such communication must state the reasons why the plan was activated and the recovery

• measures intended to be implemented.

• g)

• The communication and disclosure strategy when the Contingency Plan is activated, clearly

• defining:

  • i.

  • The communication strategy to be implemented within the multiple banking institution, in

  • particular with personnel, governing bodies, committees and their titular officials.

  • ii.

  • The communication strategy to be implemented outside the multiple banking institution, in

  • particular with shareholders and investors, counterparties, financial authorities and the general public,

  • specifying the manner in which it proposes to manage the situation in the face of a possible negative reaction from the

  • markets.

  • iii.

  • The manner in which it will be determined whether it is necessary for the multiple banking institution to issue a message to the

  • public, as well as the content thereof.

  • iv.

  • The area and responsible parties for making decisions on the issuance of the message to the public and its content,

  • as well as the scope, deadlines and communication channels that would be used for its dissemination.

  • v.

  • The position of the official who, as applicable, will issue the message to the public, as well as the person responsible for

  • crisis management within and outside the multiple banking institution.

• h)

• The operational feasibility of the Contingency Plan, evaluated based on the results of the simulations that,

• as applicable, it has carried out, including the operability of the communication mechanisms, the coordination

• among the areas involved and the decision-making process.

IV.

Description, evaluation and activation of the recovery actions contemplated in the Contingency

Plan

Multiple banking institutions must include the following elements in the Contingency Plan:

• a)

• Quantitative and qualitative indicators that serve as a basis for the activation of the Contingency Plan, such

• indicators must:

  • i.

  • Explain the consistency they maintain with the main lines of business that the multiple banking institution

  • has designated as essential in accordance with subparagraph a) of section II of this Annex.

  • ii.

  • Include, at a minimum, the following indicators, unless the multiple banking institution justifies

  • that they are not relevant to its operation:

    • a.

    • Solvency indicators:

    • (i)

    • Capitalization Ratio (ICAP).

    • (ii)

    • Basic Capital Coefficient.

    • (iii)

    • Core Capital Coefficient.

    • (iv)

    • Leverage Ratio and cost of funding.

    • (v)

    • The capital supplements applicable to it.

    • (vi)

    • Required Net Capital (Net Capital greater than minimum capital)

    • b.

    • Liquidity indicators:

    • (i)

    • Liquidity Coverage Ratio (LCR).

    • (ii)

    • Net Stable Funding Ratio (NSFR).

    • (iii)

    • Wholesale funding costs.

    • c.

    • Profitability indicators:

    • (i)

    • Return on equity and on assets.

    • (ii)

    • Significant losses due to operational risk.

    • d.

    • Asset quality indicators:

    • (i)

    • Non-performing loan ratio (IMOR) by portfolio type.

    • (ii)

    • Evolution of the level of Preventive Provisions for Credit Risks (EPRC) by type of

    • credit portfolio.

    • e.

    • Market indicators:

    • (i)

    • Issuer risk rating assigned by rating agencies.

    • (ii)

    • Evolution of the price of its share or of the Financial or business Group.

When the multiple banking institution considers that any of the indicators presented is not relevant to ensure its operational continuity under stress conditions, it must justify in the Contingency Plan the reasons why it omitted said indicators.

The Commission may request the inclusion or exclusion of one or more indicators, when it determines that they are necessary or unnecessary for the correct performance of multiple banking institutions.

    - iii.

    - For each quantitative indicator, its calculation formula must be clearly defined, as well as the manner in

    - which it is interpreted, indicating the units of measure and the monitoring frequency, which must

    - reasonably adapt to the dynamics of the operations it evaluates.

    - iv.

    - Include, for each indicator, the thresholds, which must contain preventive stages that enable

    - the timely identification of contingency situations, in addition to the limits that lead to the

    - immediate or eventual activation of the Contingency Plan.

• b)

• Define the recovery actions to maintain its financial viability and restore its levels of

• liquidity and solvency. These actions must contemplate at least:

  • i.

  • The detailed description of the action to be implemented and the personnel responsible for its execution and

  • monitoring.

  • ii.

  • The approximate time (measured in calendar days) for the execution of each of the recovery actions,

  • taking into account, where applicable, the periods established in

  • these provisions and

  • in the Law. Likewise, the approximate time (in calendar days) in which the recovery actions are expected to

  • have an effect on the solvency or liquidity situation of the multiple banking institution.

  • iii.

  • The quantification of the plausible cost of implementing each recovery action,

  • which must

  • be presented in base percentage points or in monetary units,

  • as applicable.

  • iv.

  • The quantitative evaluation of the expected impact on the indicators associated with each recovery

  • action, indicating at least the specific impact on the solvency and liquidity indicators.

  • v.

  • The description and evaluation of the factors and obstacles that could affect the implementation or

  • effectiveness of each recovery action, and the manner in which this risk could be mitigated.

  • vi.

  • The evaluation of the possible incompatibility among all the recovery actions and, where applicable,

  • indicate the reasons why it was determined that there is no incompatibility among the actions.

  • vii.

  • The estimated order of priority and sequence for implementing the recovery actions consistent

  • with the prior analyses of the time, cost, impact and incompatibility of the recovery actions.

  • Such order of priority must be sufficiently flexible in the face of the stress situation that, where applicable,

  • materializes.

  • viii.

  • The prior experience of the multiple banking institution in implementing the recovery actions

  • provided for in the Contingency Plan, whether under normal operating conditions or in

  • contingency scenarios. Likewise, when the multiple banking institution does not have prior

  • experience in the execution of such actions, it must include a description of the assumptions,

  • procedures, operational capacities, responsible parties and resources considered for the implementation

  • of the recovery actions, in order to support their viability and correct execution.

  • ix.

  • A list of the legal documentation that demonstrates that the implementation of the recovery

  • actions is viable, as well as the personnel authorized for their implementation.

  • x.

  • Where applicable, an analysis of the possible impact of implementing each recovery action on the

  • rest of the financial or business group to which the multiple banking institution belongs. In the event of

  • determining that there is no impact, this reasoning must be justified.

• c)

• Describe the development of and include the documentation of stress tests that evaluate the indicators and thresholds

• referred to in subparagraph a) of this section, considering scenarios that lead the multiple banking

• institutions to solvency and liquidity levels equivalent to categories III, IV or V of the table contained

• in Article 220 of these provisions, as well as to scenarios III, IV or V of the Liquidity

• Coverage Ratio or scenarios II, III or IV of the Net Stable Funding Ratio, in accordance

• with the provisions established in the general provisions on liquidity requirements for

• multiple banking institutions issued

• jointly by the Commission and the Bank of Mexico

• , as well as

• in accordance with the minimum guidelines for stress tests established in Annex 12-B of

• these provisions.

• For each evaluation of

• stress tests, the multiple banking institutions

• they must base said evaluations on the documentation and information that must be included as

• an annex to the Contingency Plan.

• When including the stress tests, an explanation of the methodology used for the

• determination of the thresholds considered must be included, so that the recovery actions can

• be implemented sufficiently in advance to be effective. Likewise, evaluate the appropriateness and viability

• of the recovery actions designed to restore the liquidity and solvency levels of the institution

• of multiple banking, considering financial stress scenarios that affect both the multiple banking institution

• individually and the banking or financial system in general.

• Multiple banking institutions must include in the Contingency Plan the description of the assumptions

• used in the scenarios and identify the main impact channels, the variables considered and the

• methodology used to measure said impact, so that the relevance of said

• scenarios for the institution itself, as well as the appropriateness of the recovery actions, can be evaluated. Likewise,

• they must include the level of the indicators, the stress scenario and the projections of said indicators

• after implementing

• the set of recovery actions that they consider appropriate for each

• scenario.

• Likewise, in the event of presenting any modification to the Desired Risk Profile, multiple banking

• institutions must update the scenarios used in the Contingency Plan and indicators that they will use

• to carry out the stress tests referred to in

• this subsection, and submit said profile to the Commission,

• accompanied by the evidence of

• its approval.

• d)

• Include a statement of how the Contingency Plan is consistent with the Business Continuity

• Plan and the Contingency Financing Plan, indicating the manner in which they

• complement each other, so that the implementation of each of them is carried out in a coordinated manner. The Contingency

• Plan must explicitly mention that, under no circumstances, access to public resources will be contemplated as part of its

• recovery actions. The foregoing, with the exception of resources that

• come from development banking institutions that the institution itself habitually obtains through its business model

• of the institution itself. Said Contingency Plan may also contemplate access to the ordinary liquidity facilities

• of Banco de México.

• e)

• When reference is made to internal documents of the multiple banking institution, add the express

• mention of the manual or regulations of which they form part, in such a way that it is easily identifiable and

• verifiable. Likewise, with the aim that it be a self-contained document, the Contingency Plan must

• include the relevant part of all the elements that support it or to which reference is made in it.

• f)

• Add the express indication of the requirements of this Annex that the institution itself considers

• are not applicable to it, including a justification for this determination.

• g)

• Incorporate an annex containing the minutes of its Board where the version of the Contingency

• Plan being submitted is approved, whether approval or, as the case may be, updating.

ANNEX 75

FORMATS FOR THE SUBMISSION OF INFORMATION TO THE NATIONAL BANKING

AND SECURITIES COMMISSION

Credit Institutions must submit the corresponding formats in accordance with the provisions established in these provisions, duly completed in their entirety, as follows:

INDEX

Basis

Name of the Format

Article 51 Bis 2

Notice format referring to Section A of the identification and conduct of in-person transactions

Article 51 Bis 3

Notice or authorization format referring to Section A of the identification and conduct of in-person transactions (51 Bis

3)

Article 51 Bis 5

Notice or authorization format regarding Section A of the identification and conduct of in-person transactions (51 Bis

5)

Article 172 Bis 39

Notice format regarding possible situations that compromise the effectiveness of the contingency plan

Article 174 Bis

Application for authorization or extension of special accounting criteria for supervised financial entities when the

competent authorities issue emergency or natural disaster declarations due to the occurrence of disruptive natural phenomena

that generate effects on the economy and that could cause an adverse impact on the solvency or

liquidity of the entities and, where applicable, on the stability of the financial system

Article 174 Bis 1

Application for authorization of special accounting records for supervised financial entities that carry out processes

of financial restructuring or corporate reorganization, that seek their stability and proper functioning

Notice format regarding Section A of the identification and conduct of in-person transactions to the Notice or authorization format regarding Section A of the identification and conduct of in-person transactions (51 Bis 5) . . . Notice format regarding possible situations that compromise the effectiveness of the contingency plan

Format homoclave

Date of publication in the DOF

DD

MM

YYYY

Place of notice

Date of notice

Municipality or Borough:

State:

DD

MM

YYYY

Data of the Financial Entity

Name or corporate name (if applicable):

Tax domicile:

Name of the attorney-in-fact or legal representative:

No. of notarial instrument (if applicable):

Domicile to hear and receive notifications

Postal code:

Street:

(Example: Avenida Insurgentes Sur, Boulevard Ávila Camacho, Calzada,

Corredor, Eje vial, etc.)

Exterior number:

Interior number:

Neighborhood:

(Example: Ampliación Juarez, Residencial Hidalgo, Fraccionamiento,

Sección, etc.)

Locality

(optional):

Municipality or Borough:

State:

Between which streets

(optional):

Email addresses to receive notifications

Email 1:

Email 4:

Email 2:

Email 5:

Email 3:

Email 6:

Date of occurrence of the event:

DD

MM

YYYY

Mark with a

the corresponding option

Event that compromised the effectiveness of the Contingency Plan

Deterioration of the financial situation

Modification of the organizational structure

Modification to the general operating plan

Modification of the thresholds of the financial, solvency or liquidity indicators that make up the

Desired Risk Profile

Participation in a merger or spin-off process, in its capacity as merging or spinning-off institution

Description of the reasons why the multiple banking institution considers that the effectiveness of its Contingency Plan has been compromised

in force

Summary of the new risks or vulnerabilities detected

Description of the expected impact on the effectiveness of the Contingency Plan

Description of the elements provided for the new Contingency Plan

Signature of the General Director of the institution

CNBV Privacy Notice: In compliance with the General Law on Protection of Personal Data in Possession of Obligated Subjects, the National Banking and Securities Commission (CNBV) makes available to the public the Comprehensive and Simplified Privacy Notices of the various administrative and operational units of this Commission, so that the holders of personal data may know the treatment that will be given to them and may make informed decisions in this regard, available at https://www.cnbv.gob.mx/ProteccionDatos/Paginas/Avisos-de-Privacidad-de-la-CNBV.aspx

*In accordance with article 4 of the Federal Administrative Procedure Law and 19, fraction XV of the National Law to Eliminate Bureaucratic Procedures, the formats to request procedures and services must be published in the Official Gazette of the Federation (DOF).

This format may be accompanied by the additional documentation that the applicant considers necessary to prove the requirement.

Request for authorization or extension of special accounting criteria for supervised financial entities when the competent authorities issue declarations of emergency or natural disaster upon the occurrence of disruptive natural phenomena that generate effects on the economy and that could cause an adverse impact on the solvency or liquidity of the entities and, where applicable, on the stability of the financial system

Request for authorization of special accounting records for supervised financial entities that carry out financial sanitation or corporate restructuring processes, that seek their stability and proper functioning

. . .

---

In the document you are viewing there may be text, characters or objects that are not displayed correctly due to conversion to HTML format, so we recommend always taking as a reference the digitized image of the DOF or the PDF file of the edition.

Río Amazonas No. 62, Col. Cuauhtémoc, C.P. 06500, Mexico City Tel. (55) 5093-3200, where you can access our services menu Electronic address: dof.gob.mx