Regulatory Alerts2025-07-23 | DOF 5763623Added
Resolution modifying the General Provisions applicable to Popular Savings and Credit Entities, Integration Organizations, Community Financial Societies, and Rural Financial Integration Organizations under the Popular Savings and Credit Law
The National Banking and Securities Commission modifies the General Provisions to strengthen risk diversification rules for Popular Financial Societies by establishing maximum financing limits of 10% of net capital for individuals and 15% for legal entities within a Common Risk group. The resolution introduces new articles 209 Bis 8 and 209 Bis 9 to define Common Risk, mandate verification procedures when financing exceeds 1% of net capital, and require reporting of limit breaches within ten business days. It derogates previous risk diversification sections and articles, while granting a six-month transition period for entities to implement data integration procedures.
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