Regulatory Alerts2021-09-09 | DOF 5629270Added · Updated
Resolution reforming, adding, and repealing General Provisions regarding Articles 115 of the Credit Institutions Law in relation to Articles 87-D and 95-Bis of the General Law of Credit Organizations and Auxiliary Activities, applicable to Multiple-Object Financial Companies
This Resolution amends the General Provisions applicable to Multiple-Object Financial Companies to expand non-presidential identification methods, allowing the use of digital identification mechanisms such as videoconferencing, biometric life proofs, and geolocation data verification. It updates definitions for devices and geolocation, mandates the collection of digital identification documents and electronic consent, and strengthens the Blocked Persons List by including taxpayers listed under Article 69-B of the Federal Tax Code to prevent illicit operations and terrorist financing. The changes aim to align with Financial Action Task Force (FATF) recommendations and accommodate operational needs during the COVID-19 pandemic while maintaining anti-money laundering standards.