Mexico's National Banking and Securities Commission (CNBV) reported that the IFRS Foundation has recognised Mexico as a jurisdiction that has adopted the International Sustainability Standards Board (ISSB) Sustainability Disclosure Standards, following regulatory changes affecting sustainability-related disclosures by securities issuers. The CNBV collaborated with the IFRS Foundation to prepare and validate Mexico’s jurisdictional profile on the adoption, which has been published on the IFRS Foundation website. The update follows amendments published in January 2025 to the general rules applicable to securities issuers and other capital markets participants, aimed at progressively incorporating environmental, social and governance (ESG) criteria into Mexico’s regulatory framework in line with international standards. The changes are intended to strengthen the quality, comparability and usefulness of issuer disclosures so investors and other users can make more informed decisions. The jurisdictional profile outlines Mexico’s regulatory approach to sustainability-related disclosures, the scope of ISSB implementation and other relevant aspects. The CNBV indicated it will continue coordinating with the IFRS Foundation and other international bodies on sustainability-related regulatory work.
Mexico Comision Nacional Bancaria y de Valores (CNBV) 2025-06-13
Mexico's National Banking and Securities Commission supports IFRS recognition of Mexico’s adoption of ISSB sustainability disclosure standards
Mexico's National Banking and Securities Commission (CNBV) announced that the IFRS Foundation has recognized Mexico for adopting the ISSB Sustainability Disclosure Standards. This follows regulatory amendments to incorporate ESG criteria into Mexico's framework, enhancing issuer disclosure quality and comparability. The CNBV will continue collaborating with the IFRS Foundation and international bodies on sustainability regulation.