Mexico | Financial Regulation. December 2023

Summary

We present a summary and analysis of the most relevant developments and publications in Mexico's financial regulatory landscape.

Key points

• Key points:
• Banco de México adjusts data security rules applicable to the transfer of funds and to the participants in the SPEI and SPID electronic payment systems.
• SHCP relaxes limits on hurricane Otis response programs aimed at banks and their clients.
• Banco de México relaxes restrictions on its previously issued relief on credit card minimum payments and grants the possibility of early withdrawal of term investments of clients affected by Otis.
• CNBV releases the 2024 bank holiday calendar.
• Banco de México submits to public review new rules for its permanent liquidity facility.

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