Secondary legislation to the Law to Regulate Financial Technology Institutions of a general nature, regarding money laundering and applicable to Electronic Payment Fund Institutions

Secondary legislation to the Law to Regulate Financial Technology Institutions of a general nature, regarding money laundering and applicable to Electronic Payment Fund Institutions

On September 10, the Ministry of Finance and Public Credit, the National Banking and Securities Commission and the Bank of Mexico issued and published in the Official Gazette of the Federation (the “DOF”) the General Provisions applicable to Financial Technology Institutions, the General Provisions referred to in Article 58 of the Law to Regulate Financial Technology Institutions (the “Provisions”) and Circular 12/2018 addressed to the Institutions

To read more, please download the PDF.

PDF