Regulatory Alerts2019-04-26 | DOF 5558556Added
Resolution modifying general provisions applicable to investment funds and service providers
The CNBV amends Articles 1, 11, and 106 of the General Provisions applicable to investment funds to define fiduciary exchange certificates, mandate a five-year retention of investment authorization letters by operating societies, and allow distribution commissions to be determined based on objective criteria such as minimum investment amounts per share series. The resolution also substitutes Annex 2, establishing detailed disclosure requirements for prospectuses of equity and debt investment funds, including specific content guidelines, index structures, and risk disclosures. These changes take effect the day following publication in the Official Gazette.
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