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ARTICLE · 20 MARCH 2020

FinTech Comparative Guide

Hogan Lovells, Mexico
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FinTech Comparative Guide for the jurisdiction of Mexico, check out our comparative guides section to compare across multiple countries

MexicoTechnology
René Arce Lozano
René Arce Lozano

1 Legal and enforcement framework

1.1 In broad terms, which legislative and regulatory provisions govern the fintech space in your jurisdiction?

The general regulatory framework for financial technology institutions in Mexico is set out in the Financial Technology Institutions Law.

Likewise, the General Provisions for Financial Technology Institutions establish rules for fintech companies in relation to the following issues, among others:

  • minimum capital requirements;
  • fund transfer limits;
  • cash in and cash out restrictions;
  • filing requirements; and
  • financial reporting obligations.

Finally, several administrative rules and provisions regulate specific matters, such as the following:

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