Regulatory Alerts2015-12-16 | DOF 5420226Added · Updated
Resolution modifying the general provisions applicable to credit institutions
The National Banking and Securities Commission modifies the general provisions for credit institutions to adjust the methodology for qualifying and provisioning revolving consumer credit portfolios, such as credit cards. The amendment introduces new variables including customer tenure, credit limits, and credit bureau data to calculate Probability of Default, Loss Severity, and Exposure at Default with greater precision. Credit institutions are required to apply these updated calculation rules and transition to the new methodology by April 1, 2016, recognizing the initial financial effect in prior exercise results.
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