Mexico: Adopted Provisions applicable to electronic payment fund institutions under the Regulation of Financial Technology Institutions Act including location of computing facilities
Description
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…
Scope
Policy Area
Data governance
Policy Instrument
Data localisation requirement
Regulated Economic Activity
cross-cutting
Implementation Level
national
Government Branch
executive
Government Body
central bank