Regulatory Alerts2018-05-11 | DOF 5522361Added
Resolution modifying the General Provisions applicable to Brokerage Houses
The resolution amends Articles 148, 159, 160, 161, and 169 Bis of the General Provisions applicable to Brokerage Houses to recognize new authorized securities rating agencies, including DBRS Ratings Mexico, and to update risk weighting percentages for public debt based on credit ratings. It mandates that brokerage houses disclose their risk levels to the public by incorporating credit ratings from two authorized agencies into their financial statement notes, with ratings not older than twelve months. These changes apply to brokerage houses and define risk groups and capital requirements based on international and national credit ratings.
More like this from SHCP
SHCP published 14 documents in the last 30 days. We email you each new one the day it's published.