Mexico:
The Treasury Commission Of The Chamber Of Deputies (Cámara De Diputados) Approved The Bill Of The Financial Technology Institutions Law (Ley de Instituciones de Tecnología Financiera) ("Fintech Law")
26 February 2018
Basham, Ringe y Correa, S.C.
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On February 21, 2018, the Treasury Commission of the Chamber of
Deputies (Cámara de Diputados) approved the bill of the
Financial Technology Institutions Law (Ley de Instituciones de
Tecnología Financiera) ("Fintech Law") with
twenty-two votes in favor and one against. It is expected that in
the following days, the Chamber of Deputies will hold a general
vote to approve the Fintech Law, the last step before it is passed.
The draft bill, in addition to creating the Fintech Law, will also
modify nine existing laws, including the Financial Institutions
Law.
The content of this article is intended to provide a general
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about your specific circumstances.
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