Mexico's National Commission for the Protection and Defense of Users of Financial Services published the results of its 2025 transparency supervision of 12 Savings and Loan Cooperatives offering savings accounts for minors. It found that five institutions met the rules on financial transparency and information quality for users. The average score rose from 4.1 in the first stage of the review to 7.7 after corrective actions, and two cooperatives received a score of 10. The review had two stages. It first examined customer files, contracts, cover sheets, account statements, transaction receipts, advertising and websites for compliance with disclosure and information-quality rules, then assessed whether identified deficiencies had been corrected through a compulsory remediation process. Main failings included missing contract term and statement-delivery details, commissions not registered with the regulator, omitted protection-fund and guaranteed-holder disclosures, incomplete statement and receipt fields, and websites or advertising that lacked GAT Nominal and Real information and other required disclosures. Detected breaches do not exempt institutions from sanctions or other applicable measures.
CONDUSEF2026-05-25
Mexico's National Commission for the Protection and Defense of Users of Financial Services finds 5 of 12 savings cooperatives compliant in minors savings account transparency supervision
Mexico’s National Commission for the Protection and Defense of Users of Financial Services published results of its 2025 transparency supervision of 12 Savings and Loan Cooperatives offering savings accounts for minors, finding only five fully compliant with financial transparency and information-quality rules. Following compulsory remediation, the average score improved from 4.1 to 7.7, with two cooperatives scoring 10, although identified breaches remain subject to sanctions or other measures.