Mexico: Location of computing facilities provisions in Regulation of Financial Technology Institutions Law
Progress
Current status
adopted
28 Apr 2021 in force
15 Jan 2021 adopted
Scope
Implementers
Mexico
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
cross-cutting
Government Branch
executive
Government Body
central bank
Implementation Level
national
Timeline of events
Implemented Provisions applicable to electronic payment fund institutions under the Regulation of Financial Technology Institutions Act including location of computing facilities
On 28 April 2021, the "Provisions applicable to electronic payment fund institutions under the Law to Regulate Financial Technology Institutions" (Provisions) came into force, 90 days after their publication in the Official Journal of the Federation…
SourceEvent type
order
Action type
implementation
Government branch
executive
Government body
central bank
Adopted Provisions applicable to electronic payment fund institutions under the Regulation of Financial Technology Institutions Act including location of computing facilities
On 15 January 2021, the Bank of Mexico adopted the "Provisions applicable to electronic payment fund institutions under the Law to Regulate Financial Technology Institutions" (Provisions). The Provisions seek to implement Articles 48.2, 54.1, 56.1 a…
SourceEvent type
order
Action type
adoption
Government branch
executive
Government body
central bank