Regulatory Alerts2018-06-26 | DOF 5529040Added
Resolution modifying the general provisions applicable to credit institutions
The National Banking and Securities Commission modifies Articles 2 Bis 117 a, b, d, f, and g of the General Provisions Applicable to Credit Institutions to adjust the submission timelines for supervisory stress test scenarios and results. Multi-bank institutions must submit initial capital adequacy assessment designs and final reports according to dates published by the Commission in January of each year. For the 2018 evaluation, institutions must use scenarios sent by September 2018 and submit reports covering at least nine quarters starting from that month, with final results due on a date set by the Commission. These changes enter into force on January 1, 2019.
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