2026-03-26 | DOF 5783301Added · Updated
The National Banking and Securities Commission implements the Basel III Output Floor standard for Mexican credit institutions by amending Articles 1, 2 Bis 64, and 2 Bis 67 of the General Provisions. Institutions authorized to use Internal Ratings-Based models must now calculate their risk-weighted assets for credit risk as the higher value between their internal model results and 72.5% of the risk-weighted assets calculated using the Standardized Approach. The new capital requirements take effect on January 1, 2028, while reporting obligations under the revised Article 2 Bis 67 begin on January 1, 2027.
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DOF: 26/03/2026
RESOLUTION modifying the General Provisions applicable to credit institutions (reforming, adding, and repealing various provisions of Articles 1, 2 Bis 64, and 2 Bis 67)
At the margin, a seal with the National Coat of Arms, which reads: United Mexican States.- Treasury.- Ministry of
Treasury and Public Credit.- National Banking and Securities Commission.
The
National Banking and Securities Commission,
after agreement
of its
Board of Directors,
having heard the opinion
of the Bank of Mexico and on the basis
of what is provided
by articles
50,
paragraphs first,
fraction I,
second
and fifth
and 98 Bis
of the Law of Credit Institutions;
as well
as 4,
fractions II,
XXXVI
and XXXVIII,
and 16,
fractions I
and VI
of the Law of the
National Banking and Securities Commission,
and
CONSIDERING
That,
the Law of Credit Institutions
empowers this
administrative body
to issue general provisions to regulate the capital requirements
that credit institutions
must comply with,
for which they must consider
international banking uses
regarding adequate capitalization of institutions;
That,
the General Provisions
applicable to credit institutions
establish that credit institutions
may request authorization
from this
National Banking and Securities Commission to calculate their capital requirements
for credit risk
through models
based on internal ratings;
That,
the Basel Committee on Banking Supervision
through the regulatory framework
for banks,
Basel III post crisis,
proposed the adoption
of the standard denominated Output
Floor (revised capital floor)
for the calculation
of risk-weighted assets
of banks.
This floor is the
highest value between
the risk-weighted assets
calculated in the
following manner:
(i)
the methods established
and authorized
by the supervisor
under the
Basel framework
(both the standard
methods and those
based on internal models)
and (ii)
the 72.5% of
total risk-weighted assets
calculated using
exclusively the
standard methods.
The foregoing,
for the comparability
of risk-weighted assets
between institutions
that use standard methods
and those that
employ internal models,
and
That,
derived from the
above it is
necessary to update
the current regulatory
framework in order to
ensure the coherence of this
with international standards
and strengthen the
comparability, stability
and sufficiency of the
regulatory capital of the
Mexican banking system,
modifying the treatment
applicable to credit institutions
that opt to determine
their capital requirements
for credit risk
through a model
based on internal ratings,
in order to
incorporate the
Output Floor standard
(revised capital floor),
for which this
Commission has resolved
to issue the
following:
RESOLUTION
MODIFYING THE
GENERAL PROVISIONS
APPLICABLE TO
CREDIT INSTITUTIONS
SINGLE.
Articles 1,
fraction CXV Bis
and 2 Bis 64;
ADD to
Article 2 Bis
67,
a seventh paragraph,
and REPEAL from
Article 2 Bis 67,
its paragraphs
second, third,
fourth, fifth
and sixth,
of the General Provisions
applicable to credit institutions,
published in the
Official Journal of the
Federations on
December 2, 2005
and its modifications,
to remain as follows:
" Article
1.- . . .
I.
to CXV. . . .
CXV Bis.
Internal ratings-based model:
in singular or plural,
the methods that
authorize the
Commission for the
calculation of the
capital requirements
for credit risk
in accordance with
Section Third
of Chapter III,
of Title First Bis
of these
provisions.
CXV Bis 1.
to CXCVII. . . . "
" Article
2 Bis 64.- The
Institutions shall determine
the capital requirement
for their exposure to credit risk
by adding the
results of the
fractions I, III
and IV following:
I. The
risk-weighted assets
subject to credit risk
calculated through
the Standardized Method
or the Models based on
internal ratings
taking the
highest value between:
(i) the
sum of the
risk-weighted assets
subject to credit risk
of the portfolios
for which there
is no authorization
to use Models based on
internal ratings,
calculated in accordance
with the Standardized Method,
provided for in
Section Second,
Subsections B
and C,
of Chapter III
of Title First Bis
of these
provisions,
and the
risk-weighted assets
subject to credit risk
corresponding to the
portfolios for which
they were authorized
the use of Models based on
internal ratings,
provided for in
Section Third
of Chapter III,
of Title First Bis
of these
provisions
calculated through
said models
and (ii)
The 72.5
percent of the
sum of the
risk-weighted assets
subject to credit risk,
calculated through
the Standardized Method,
corresponding to the
portfolios for which
they were authorized
the use of Models based on
internal ratings,
and the
risk-weighted assets
subject to credit risk
of the portfolios
for which there
is no authorization
to use Models based on
internal ratings,
calculated through
the Standardized Method:
Where:
Risk-weighted assets
subject to credit risk
calculated by
the Standardized Method
or by Models based on
internal ratings.
Risk-weighted assets
subject to credit risk
of the portfolios
for which there
is no authorization
to use Models based on
internal ratings,
calculated through
the Standardized Method.
Risk-weighted assets
subject to credit risk
of the portfolios
authorized to
use Models based on
internal ratings
calculated with
said models.
Risk-weighted assets
subject to credit risk
of the portfolios
authorized to
use Models based on
internal ratings
calculated through
the Standardized Method.
The Institutions
that have the
authorization of Models based on
internal ratings
for their Credit Portfolio,
and have not
concluded the
authorization process
to use the
Internal Methodology
of reserves based on
NIF C-16,
in terms of
Chapter V Bis 1
of Title Second
of these
provisions,
for the calculation of
, shall
adhere to the
General Standard Methodology
provided for in
Chapter V Bis,
of Title Second,
of these
provisions
for the calculation
of reserves.
The RWA shall
be multiplied by
8 percent
in order to
obtain the
corresponding capital
requirement for
this fraction.
II. The
capital requirement
for the
participation of the
Institution in
securitization schemes
of financial assets,
in accordance with
Section Second,
Subsection F,
of Chapter III
of this
Title.
III. The
capital requirement
for credit valuation
adjustment and for
exposure to the
default fund in
clearing houses,
in accordance with
Section Fourth,
of Chapter III
of this
Title. "
" Article
2 Bis 67.-
. . .
Repealed.
Repealed.
Repealed.
Repealed.
Repealed.
The Institutions
in accordance with
the current authorization
of their Model based on
internal ratings shall
inform the
Commission of the
capital requirement
for credit risk
estimated from
the calculated in
accordance with
what is established
in Article 2 Bis 64;
the capital requirement
for credit risk
calculated with
and the capital requirement
for credit risk
estimated with
the
, when
corresponding, through
the subreports C-0433
or H-0494 of the
Regulatory Report of
Series R04
denominated " Credit
Portfolio " ,
as applicable,
in accordance with
what is established
in Annex 36
of these
Provisions. "
TRANSITORY
PROVISIONS
FIRST.
present Resolution
shall enter into force
on the day
following its
publication in the
Official Journal of the
Federations,
except for what
is provided in
the following
Transitory Article.
SECOND.
Institutions shall
adhere to the
limits established
in the
present Resolution
from
January 1, 2028.
THIRD.
Institutions shall
adhere to what
is provided in
Article 2 Bis 67,
last paragraph,
through the
Regulatory Report of
Series R04
Credit Portfolio,
from
January 1, 2027.
Respectfully
Mexico City,
March 18, 2026.
National Banking and
Securities Commission
, Ángel
Cabrera Mendoza
.- Rubric.
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