Regulatory Alerts2023-01-13 | DOF 5676868Added
Resolution modifying the General Provisions applicable to credit institutions
The resolution amends Annex 1-A of the General Provisions applicable to credit institutions to redefine the risk group integration for collateral assets denominated in national currency with returns linked to nominal interest rates. Specifically, it updates subsections k and l to clarify that economic benefits and price fluctuation risks must be capitalized by the party retaining the right to cash flows or capital gains/losses, unless otherwise agreed. This change applies to credit institutions and regulated multiple-object financial societies with equity links to such institutions. The resolution entered into force the day after its publication in the Official Gazette on January 14, 2023.
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