Resolutory Amending the Resolution Modifying General Provisions Applicable to General Warehouses, Exchange Houses, Credit Unions, and Regulated Multiple-Object Financial Societies

DOF: 09/11/2020

RESOLUTORY AMENDING THE RESOLUTION THAT MODIFIES THE GENERAL PROVISIONS APPLICABLE TO GENERAL WAREHOUSES, EXCHANGE HOUSES, CREDIT UNIONS, AND REGULATED MULTIPLE-OBJECT FINANCIAL SOCIETIES, PUBLISHED ON JANUARY 23, 2018

A seal with the National Emblem appears on the margin, which reads: United Mexican States.- TREASURY.- Ministry of

Treasury and Public Credit.- National Banking and Securities Commission.

The

National Banking and Securities Commission,

based on

the provisions of

articles 51-A;

52, first paragraph, and 54, first paragraph, of the General Law of Organizations and Auxiliary Credit Activities;

65;

74 and 78 first paragraph of the Credit Unions Law,

as well as

4, sections III, IV, XXXVI and XXXVIII, and

16, section I of the Law of the National Banking and Securities Commission, and

CONSIDERING

That on January 23, 2018, the Resolution that modifies the General Provisions applicable to general warehouses, exchange houses, credit unions, and regulated multiple-object financial societies was published in the Official Journal of the Federation, with the purpose of, among other things, incorporating certain Financial Information Standards issued by the Mexican Council of Financial Information Standards, A.C., into the norms applicable to the preparation of accounting for general warehouses, exchange houses, regulated multiple-object financial societies, and credit unions;

That on November 15, 2018, and November 4, 2019, the aforementioned resolution was modified, with the purpose of extending the entry into force of the application of some accounting standards incorporated in the resolution of January 23, 2018, so that general warehouses, exchange houses, regulated multiple-object financial societies, and credit unions would be able to adjust their accounting information systems, and

That as a result of the current situation, general warehouses, exchange houses, credit unions, and regulated multiple-object financial societies have reduced their operational capacity and human resources due to the sanitary measures adopted for the health contingency caused by the disease generated by the virus known as COVID-19, without it being feasible to specify the times in which human and technical resources can be allocated to implement the entry into force of the Financial Information Standards referred to in the first paragraph of these considerations, has resolved to issue the following:

RESOLUTORY AMENDING THE "RESOLUTION THAT MODIFIES THE GENERAL PROVISIONS APPLICABLE TO GENERAL WAREHOUSES, EXCHANGE HOUSES, CREDIT UNIONS, AND REGULATED MULTIPLE-OBJECT FINANCIAL SOCIETIES", PUBLISHED IN THE OFFICIAL JOURNAL OF THE FEDERATION ON JANUARY 23, 2018

SINGLE.

The SECOND TRANSITORY ARTICLE of the "Resolution that modifies the General Provisions applicable to general warehouses, exchange houses, credit unions, and regulated multiple-object financial societies", published in the Official Journal of the Federation on January 23, 2018 and modified by resolutions published in said medium of dissemination on November 15, 2018, and November 4, 2019, is REFORMED, to read as follows:

"SECOND.-

The Financial Information Standards B-17 "Determination of fair value", C-3 "Accounts receivable", C-9 "Provisions, contingencies, and commitments", C-16 "Impairment of financial instruments receivable", C-19 "Financial instruments payable", C-20 "Financial instruments to collect principal and interest", D-1 "Revenue from contracts with customers", D-2 "Costs from contracts with customers", and D-5 "Leases", issued by the Mexican Council of Financial Information Standards, A.C., and referred to in paragraph 3 of Criteria A-2 "Application of particular standards" of Annexes 1 and 5 that are modified by this instrument, will enter into force on January 1, 2022.

The Financial Information Standards, indicated in the previous paragraph, referred to in paragraph 3 of Criteria A-2 "Application of particular standards" of Annex 4, which are modified by this instrument, will enter into force on January 1, 2023."

TRANSITORY ARTICLE

SINGLE.

• This Resolution will enter into force the day following its publication in the Official Journal of the Federation.

Respectfully,

Mexico City, October 28, 2020. - The President of the National Banking and Securities Commission, Juan Pablo Graf Noriega. - Signature.

In the document you are viewing, there may be text, characters, or objects that do not display correctly due to conversion to HTML format, so we recommend always taking the digitized image of the DOF or the PDF file of the edition as a reference. The content, form, and scope of published documents are the strict responsibility of their issuer.

INQUIRY

BY DATE

Do Mo Tu We Th Fr Sa

INDICATORS

Exchange Rate and Rates as of 08/28/2026

DOLLAR

16.9712 UDIS

8.808812 TIIE 28 DAYS

6.7559% TIIE 91 DAYS

6.7931% TIIE 182 DAYS

6.8474% TIIE OVERNIGHT

6.50%

See more

SURVEYS

Did you like the new look of the Official Journal of the Federation website?

No

Yes

Official Journal of the Federation

Río Amazonas No. 62, Col. Cuauhtémoc, C.P. 06500, Mexico City Tel. (55) 5093-3200, where you can access our menu of services

Electronic address: dof.gob.mx

113

LEGAL NOTICE | SOME RIGHTS RESERVED © 2026