Authorities pass first batch of secondary regulations for
Fintech Law.
The General Provisions referred to in Article 58 of the Law to
Regulate Financial Technology Institutions ("Fintech
Law"), Circular 12/2018 addressed to the Electronic Payment
Funds (Instituciones de Fondos de Pago
Electrónico), relative to the general provisions
applicable to the operations of the Electronic Payment Funds
(Instituciones de Fondos de Pago Electrónico) and
the General Provisions applicable to the Financial Technology
Institutions ("Fintechs"), were published in the Federal
Official Gazette (Diario Oficial de la Federación)
on September 10, 2018 (collectively the "Secondary
Provisions")
Purpose of the Secondary Provisions
