Regulatory Alerts2018-04-23 | DOF 5520363Added
Revocation of Authorization for Caja Solidaria Huejuquilla, S.C. de A.P. de R.L. de C.V.
The National Banking and Securities Commission (CNBV) revokes the authorization granted to Caja Solidaria Huejuquilla, S.C. de A.P. de R.L. de C.V. to operate as a savings and loan cooperative society. This decision is based on the entity's failure to meet capitalization requirements for credit and market risks between December 2015 and January 2017, as well as violations including the acceptance of checks in firm without authorization, repeated operational non-compliance despite observations, and improper accounting registration. The revocation follows a formal procedure involving inspections, corrective measures, and a favorable opinion from the Auxiliary Supervision Committee due to the evident deterioration of the entity's financial situation.
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