The Central Bank of Mexico has published its 2025 annual report on the exercise of its powers under the Law for Transparency and Regulation of Financial Services, covering 30 actions to improve transparency, competition and consumer protection. The report, which shifts from the previous July-to-June reporting cycle to the calendar year, highlights reforms affecting payroll linked credit, proposed updates to credit cost disclosures and measures to strengthen card payment interoperability. The bank revised rules for payroll linked credit to support lending by institutions other than the bank holding a worker’s payroll account. The changes establish payment priority, affordability assessments, information sharing among institutions and protections governing direct debit cancellation and disputed charges. It also consulted on simplifying and expanding the methodology for the total annual cost of credit and, with the National Banking and Securities Commission, proposed reforms to reduce transaction costs and strengthen interoperability in card payment networks. Related proposals for card clearing houses would tighten operational, liquidity and cybersecurity risk management, while changes issued in 2025 addressed indirect participation in the Interbank Electronic Payment System. Supervisory activity included 77 inspections and 96 sanctions for breaches of the law, with fines totaling MXN 19,882,974. Payroll portability accounted for 40 sanctions and credit card rules for 27. The report also records continued adoption of standardized commission categories, the launch of a debt capacity tool and strong growth in digital payments, including 12.1 billion card transactions and 6.9 billion low value transfers between end users through the Interbank Electronic Payment System during 2025.
2026-09-10Central Bank of Mexico
Central Bank of Mexico reports 30 financial services actions in 2025, advances credit and card payments reforms
The Central Bank of Mexico’s 2025 annual report records 30 actions spanning credit transparency, payroll competition, card payment interoperability and consumer protection. Key measures included payroll linked credit reforms, consultations on credit cost disclosures and card payment rules, and changes governing indirect participation in the Interbank Electronic Payment System. The bank also imposed 96 sanctions, with fines totaling MXN 19.9 million.