Regulatory Alerts2017-05-31 | DOF 5484883Added
Resolution modifying the general provisions applicable to credit institutions
The resolution amends Article 2 Bis 98 b of the General Provisions Applicable to Credit Institutions to establish a 0% credit risk weight for operations with the Bank of Mexico. This adjustment applies to multiple banking institutions participating in exchange rate hedging programs implemented by the central bank to address currency volatility. The resolution entered into force the day following its publication in the Official Gazette on May 31, 2017.
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