Regulatory Alerts2017-10-18 | DOF 5501660Added
Resolution modifying the General Provisions applicable to the activities of Savings and Loan Cooperative Societies
The resolution amends Article 2, fraction X of the General Provisions applicable to Savings and Loan Cooperative Societies to require applicants for authorization at operation levels I through IV to submit a valid certification of their designated compliance officer. This requirement applies to persons intending to conduct or continue operations as such societies and aims to support the prevention, detection, and reporting of crimes under Articles 139 Quater or 400 Bis of the Federal Penal Code. The resolution entered into force the day following its publication in the Official Gazette on October 18, 2017.