Regulatory Alerts2025-07-25 | DOF 5763846Added
Resolution modifying the General Provisions establishing the accounting criteria to be followed by participants in the derivatives contracts market
The National Banking and Securities Commission amends the General Provisions to allow Clearing Houses and Clearing Members to apply special accounting criteria or maintain special accounting records during natural disasters or financial restructuring processes. Applicants must submit detailed requests demonstrating the impact on solvency, liquidity, or financial stability, along with specific supporting documentation. Authorized entities are required to disclose the application of these measures in their financial statements and public communications, including quantitative impacts and descriptions of the deviations from standard accounting rules. The Commission may revoke authorization if disclosure requirements are not met, though contractual agreements with clients remain binding after revocation.
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