Mexico's National Banking and Securities Commission published a communiqué confirming that its Governing Board has approved the annual evaluation of local systemic importance for all multiple banking institutions and designated those that fall within the category of local systemically important institutions under the applicable prudential rules. The assessment was carried out under the General Provisions Applicable to Credit Institutions, using information as of end-December 2024, and was approved at the Board meeting held on 15 April 2025. The CNBV framed local systemically important institutions as those whose potential failure could affect the stability of the financial system or the national economy, and noted that the rules require them to build an additional capital conservation buffer on top of the 10.5% minimum capitalisation requirement for multiple banks and the Total Loss Absorbing Capacity (TLAC) capital supplement.
Mexico Comision Nacional Bancaria y de Valores (CNBV) 2025-04-16
Mexico's National Banking and Securities Commission designates local systemically important multiple banks in annual assessment
Mexico's National Banking and Securities Commission (CNBV) approved the annual evaluation of local systemic importance for multiple banking institutions, designating those deemed systemically important. These institutions must adhere to additional capital conservation buffers beyond the 10.5% minimum capitalisation requirement and the Total Loss Absorbing Capacity (TLAC) capital supplement.