Regulatory Alerts2024-08-14 | DOF 5736161Added
Resolution modifying the General Provisions applicable to credit institutions
The National Banking and Securities Commission modifies the General Provisions applicable to credit institutions to align the operational risk capital requirement calculation under the Business Indicator Method with international Basel standards. The amendments expand the Financial Component to include valuation results for financial instruments, currencies, and coined precious metals, and introduce specific capital calculation treatments for mergers, spin-offs, and institutions lacking 36 months of historical data. These changes take effect the day after publication in the Official Gazette, with specific transitional provisions for pending merger or spin-off authorizations and annual validation submissions.
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