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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 3 sources · 29 days · First seen · Last updated

Financial regulatory and judicial developments in Mexico and

Overview

In Mexico, a judicial resolution has expanded the authority of the National Commission for the Protection and Defense of Users of Financial Services (Condusef). The ruling establishes that Condusef’s findings concerning fraud and unrecognized transfers can function as an executive title, enabling customers to more effectively pursue legal action against banks and fintech firms to recover funds from unauthorized transactions.

In Chile, the Tribunal for the Defense of Free Competition (TDLC) rejected proposals from Conadecus intended to limit the concentration of large economic groups. The tribunal declined to mandate structural changes, such as restricting the links between financial institutions and real economy companies or limiting corporate layers, stating that current evidence failed to prove that pyramidal corporate structures caused net adverse effects on competition.

Entities

Comisión Nacional Bancaria y de Valores (CNBV) · Conadecus · Mercado Libre · Condusef · Comisión para el Mercado Financiero (CMF)

Timeline

  1. 10 days ago

    [BUSINESS] 3 sources
    Financial regulatory rulings issued in Mexico and Chile

    Legal developments in Mexico and Chile impact financial regulation: Mexico strengthens Condusef's role in fraud recovery, while Chile's TDLC rejects proposals to limit economic conglomerate concentration.

  2. about 1 month ago

    [INTERNATIONAL] 2 sources
    Mexico's INE warns of CNBV delays as Chile's CMF meets fintech firms

    Mexico's INE flags CNBV's slow financial data responses, while Chile's CMF holds fintech‑focused lobbying meetings with major firms.

Sources

elceo.com · expreso.ec · latercera.com