Regulatory Alerts2023-04-17 | DOF 5685710Added · Updated
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 with Basel Committee standards on large exposures. The amendments introduce new definitions for large exposures and globally systemically important institutions, establish specific criteria for identifying economic interdependence among counterparties, and set maximum exposure limits of 25% for general institutions and 15% for systemically important banks. The resolution also mandates the reporting of large exposures and updates regulatory reports for operational risk and deferred payments.
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