Mexico | Financial regulation. April 2023
Published on Monday, May 15, 2023
Mexico | Financial regulation. April 2023
A monthly summary and analysis of the most relevant developments and publications in Mexico's financial regulatory landscape.
Key points
- Key points:
- Banco de México amendments on benchmark rate transition.
- Banks' new Large Exposures standard published.
- Proposed Credit Institutions Law amendment on access to clients' personal data and criminal penalties for supplanting licensed financial institutions.
- Proposed Securities Markets Law amendment: simplified listing, flexibilization of securities' characteristics, hostile takeover protection, introduction of "hedge funds", ESG criteria assessment.