Mexico's National Commission for the Protection and Defense of Users of Financial Services has published the results of its 2025 financial transparency supervision of three crowdfunding institutions. The review covered contractual documents, client files, advertising and websites for the crowdfunding product. The release states that one of the three institutions complied with the transparency rules, and that the average score rose from 2.3 in the first stage to 8.4 after corrective action, with one institution scoring 10 and another recorded as partially compliant. The supervision was carried out in two stages. The first checked whether adhesion contracts, cover sheets, account or operation statements, transaction receipts, advertising and web disclosures met current transparency requirements, and institutions were notified of irregularities through a forced compliance programme. The second assessed whether those issues had been corrected based on documents and arguments submitted by the firms. The main breaches involved missing standalone consent for marketing use of user data, incomplete account or operation statements on balances, project-level positions, borrower payment performance, arrears, collection status, rates, returns, maturity and commissions, and websites that omitted the product's trade name and RECA registration number. The release adds that the detected breaches do not exempt firms from sanctions or other applicable measures.

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