CNBV – Resolution modifying the general provisions applicable to Credit Institutions.

November 19, 2020 – In order to align with the standards of the Basel Committee, and that credit institutions have a more precise and sensitive method to the risk to which they are exposed in their operation for the purpose of determining their minimum net capital requirements for operational risk , the business indicator is included as a method to calculate the capital requirement for operational risk. This method is adapted to the characteristics of each bank’s business model, recognizing its size, with progressive capital construction according to the entity’s income level, which could result in lower capital requirements.

The entry into force is foreseen for the year 2023 (and the current calculation methods will be eliminated from the Single Bank Circular), however, the banks that deem it appropriate may request the CNBV the early adoption of the standard.

Jurisdictions affected: Mexico

For more information, visit Comisión Nacional Bancaria y de Valores.

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