Approval of the Mexican Fintech Act

March, 2018

On March 1st, 2018, the Chamber of Deputies approved a Decree (“Decree”) issuing the Financial Technology Institutions Act and amending and repealing various provisions of the Credit Institutions Act, the Securities Market Act and other related regulations ("Act" or "FinTech Act").. In accordance with said Decree, the FinTech Act has been sent to the Federal Executive for its promulgation and publication in the Federal Official Gazette.

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