TITLE: Mexico's Central Bank Publishes Enforcement Actions Against Multiple Banking Institutions BODY: Banco de México published information on pecuniary and non-pecuniary sanctions imposed against multiple banking institutions under the Credit Institutions Act (Ley de Instituciones de Crédito). The publication fulfils constitutional and regulatory disclosure requirements established under Articles 6 and 28 of the Mexican Constitution, as well as Articles 62, 63, and 64 of the Supervision Rules, Self-Correction Programs, and Sanctioning Procedures (Reglas de Supervisión, Programas de Autocorrección y del Procedimiento Sancionador). The sanctions database captures enforcement actions against multiple banking institutions (instituciones de banca múltiple), covering both monetary penalties and non-monetary sanctions. The publication represents Banco de México's exercise of supervisory authority over the banking sector and reflects its commitment to transparency in regulatory enforcement. The sanctions information is made publicly available to ensure market participants and stakeholders have access to enforcement outcomes and compliance expectations. The database distinguishes between pecuniary sanctions, which impose financial penalties on non-compliant institutions, and non-pecuniary sanctions, which may include operational restrictions, mandatory corrective measures, or other administrative remedies. This dual approach allows Banco de México to tailor enforcement responses to the nature and severity of regulatory violations. The publication of final sanctions (sanciones firmes) ensures that only conclusive enforcement actions are disclosed, providing clarity on settled matters within the regulatory framework. REFERENCES: Banco de México. Sanciones Pecuniarias. Available at: https://www.banxico.org/

Sanciones :: Pecuniarias

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