Regulatory Alerts2021-09-09 | DOF 5629273Added · Updated
Resolution reforming, adding and repealing various General Provisions referred to in Article 91 of the Investment Funds Law
This Resolution amends the General Provisions under Article 91 of the Investment Funds Law to update non-presential identification requirements for investment fund operating companies and share distributors. It clarifies the definition of geolocation, allowing IP address matching when GPS is unavailable, and extends the compliance deadline for this specific method. The regulation increases transactional thresholds for simplified identification contracts deemed low-risk and adds taxpayers referenced in Article 69-B of the Tax Code to the Blocked Persons List to prevent illicit operations.