Regulatory Alerts2020-10-12 | DOF 5602349Added
Resolution modifying the General Provisions applicable to credit institutions
The CNBV amends Articles 51 Bis 2, 51 Bis 6, 51 Bis 7, 51 Bis 8, 51 Bis 9, 51 Bis 10, and adds Article 51 Bis 14 of the General Provisions applicable to credit institutions. The changes mandate enhanced biometric verification for remote account openings (Level 4), consumer credits, and commercial credits, requiring fingerprint liveness tests with at least 98% match accuracy against Mexican authority records or approved institutional databases. Institutions must implement technological mechanisms for audiovisual identification, including liveness detection, secure data transmission, and a 10-year retention period for recordings, while suspending contracts if verification fails or risks are detected. Alternative identification mechanisms are permitted if they include at least 98% biometric validation and liveness tests, with specific limits on transaction volumes for accounts opened via audiovisual communication when INE verification is unavailable.