Regulatory Alerts2024-05-30 | DOF 5729034Added
Resolution modifying the General Provisions applicable to general warehouse receipts, exchange houses, credit unions and regulated multiple-object financial societies
The National Banking and Securities Commission amends the General Provisions applicable to general warehouse receipts, exchange houses, credit unions, and regulated multiple-object financial societies by adding Series R36 and Report A-3601 to Annex 18. This new reporting requirement mandates that regulated multiple-object financial societies with equity links to credit institutions submit monthly data on advance payments and deferred charges to be excluded from fundamental capital deductions. The resolution modifies Articles 75, 76, 76 Bis 1, and 76 Bis 2 to align these entities with credit institution regulations, with the new report becoming effective on June 1, 2024.
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