Resolution modifying the General Provisions applicable to Stock Exchanges — SHCP — MX

DOF: 23/07/2025

RESOLUTION modifying the General Provisions applicable to Stock Exchanges

At the margin, a seal with the National Coat of Arms, which reads: United Mexican States.- Treasury.- Ministry of Finance and Public Credit.- National Banking and Securities Commission.

The National Banking and Securities Commission, based on the provisions of articles 2, first paragraph, fractions V Bis, XII Bis and XVIII; 70 Bis, first paragraph, fractions I and II; 90 Bis, seventh paragraph; 104, seventh paragraph; 107, second paragraph; 244, fraction IV, in its second paragraph; 249, second paragraph; 252; 252 Bis and 371 of the Securities Market Law; 98 Bis of the Credit Institutions Law, as well as 4, fractions XXXVI and XXXVIII and 16, fraction I of the National Banking and Securities Commission Law, and

CONSIDERING

That, in accordance with article 78 of the General Law for Regulatory Improvement and with the purpose of reducing the compliance cost of this Resolution, the National Banking and Securities Commission will use the benefits of the "Resolution modifying the General Provisions applicable to Credit Institutions" published in the Official Journal of the Federation on July 23, 2021, through which the risk in which credit institutions may incur when granting credits to women is incorporated into the methodology for estimating preventive reserves and credit portfolio classification; likewise, the parameters of risk of probability of default and severity of loss taken into account for the classification of the aforementioned credit portfolio and the calculation of preventive reserves for credit risks are adjusted, regarding the non-revolving consumer credit and housing mortgage portfolios granted to said women.

That, as a result of the reform to the Securities Market Law published in the Official Journal of the Federation on December 28, 2023, the new modality of issuers called "simplified" is incorporated into the stock trading system, in addition to strengthening the compliance of the policies, processes and controls applicable to issuers and simplified issuers, detailing the responsibility that corresponds to the Stock Exchanges.

That, with regard to the aforementioned reform to the Securities Market Law, the figure of simplified registration in the National Securities Registry (RNV) is established, among others, which, in addition to what is stated in the preceding paragraph, makes it necessary to modify the "General Provisions applicable to Stock Exchanges" to include the new obligations regarding the participation of Stock Exchanges in the simplified registration process, has resolved to issue the following:

RESOLUTION MODIFYING THE GENERAL PROVISIONS APPLICABLE TO STOCK EXCHANGES

SINGLE.- The articles 2, first paragraph and fraction IX; 7; 8, fifth paragraph, fraction I, in its third paragraph; 10, first paragraph in its fractions I, II and III; 31; 40; 41, fraction I, as well as Title Five are REFORMED to be called "On the Simultaneous Trading of Securities in Stock Exchanges"; and ADDED to article 41, a second paragraph; article 42 Bis; and to article 44, fractions IX and X of the "General Provisions applicable to Stock Exchanges" published in the Official Journal of the Federation on May 15, 2017 and modified by resolutions published in said dissemination organ, to remain as follows:

" INDEX

TITLE FIRST

TITLE FOUR

. . .

TITLE FIVE

On the Simultaneous Trading of Securities in Stock Exchanges

TITLE SIX

. . .

Annex 1

Annex 6

. . . "

" Article 2.- The board of directors of the Stock Exchanges will perform the functions established by the Law or the General Law of Commercial Companies, those provided for in their corporate bylaws, as well as the following:

I. to VIII.

. . .

IX. Approve, with the prior opinion of the designated committee, the policies, processes and controls related to the Registrations of Securities issued by Simplified Issuers in the Registry, as well as with the listing, maintenance and cancellation of Securities of Issuers and Simplified Issuers.

. . . "

" Article 7.- The board of directors of the Stock Exchanges must define the mechanisms and reporting lines that the surveillance committee and the area in charge of carrying out permanent review work will follow to promptly disseminate findings, information and reports to the various committees, to the general director, to the heads of the business units and other areas that, based on their activities, should have knowledge of these, as well as the preventive and disciplinary measures applicable to Issuers and Simplified Issuers that have generated the alert reports referred to in article 8 of these provisions, and the timeframes in which they must be implemented and concluded.

Article 8.-

. . .

Stock Exchanges must consider the information sent to them by other Stock Exchanges at least every thirty minutes from the start of the trading day, to determine if there are unusual operations relative to the volume of operation of the Securities and to notify without any delay the Issuer regarding which an unusual operation has been detected for the publication of the relevant event referred to in article 106 of the Law, or the corresponding Simplified Issuer, for the publication of the relevant event in accordance with what is stated in the internal regulations of the Stock Exchange in which it is listed.

II.

. . .

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