Mexico: Registration requirement in Provisions Applicable to Electronic Payments Institutions
Progress
Current status
adopted
28 Jan 2021 adopted
Scope
Implementers
Mexico
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Adopted Provisions Applicable to Electronic Payments Institutions
On 28 January 2021, the Provisions amending the Law to Regulate Financial Technology Institutions were adopted by the Mexican Central Bank. In Article 49, the provisions require the providers of electronic payment services to obtain authorisation f…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank