Regulatory Alerts2021-12-31 | DOF 5639966Added · Updated
Resolution modifying the General Provisions applicable to credit institutions
The National Banking and Securities Commission amends Article 1, fraction CLV, and Article 2 Bis 7, fraction III, of the General Provisions applicable to credit institutions. The changes define Total Admissible Reserves and establish caps on the recognition of excess reserves in Net Capital, limiting them to 0.6% of credit risk-weighted assets for institutions using Internal Ratings-Based models and 1.25% for those using the Standardized Approach. Institutions using both methods must calculate the excess reserves separately for each and apply the recognition limits proportionally. These modifications enter into force on January 2, 2022.
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