Answer ... No specific innovation protection regulations for fintech companies are currently in place.
The Mexican authorities have not issued specific legislation regarding innovation protection for fintech companies. As mentioned in question 1.2, innovation is promoted through a regulatory sandbox, which provides fintech companies with a testing ground for new business models not covered by existing regulations. The regulatory sandbox allows fintech companies to experiment with innovative products in a controlled environment with limited regulatory oversight.
Additionally, the Financial Technology Institutions Law created the Financial Innovation Group, a forum for start-ups, banks and public sector entities to promote fintech development in Mexico.