On the other hand, in areas not covered by the Law on Credit Institutions and the Organic Law of the Bank of Mexico, the following legal guidelines must be applied to several banking institutions: The credit system, a set of principles, rules, procedures and functions that make credit management in the context of financial management more efficient and effective; It enables undertakings to assess the activities carried out by credit institutions with regard to the correct supervision of loans and the interest rates to be taken into account. In view of this understanding, Trade Off, as a private credit institution, must comply with the corresponding legal framework of the Law on Credit Institutions as a legal instrument to regulate banking and credit services, their activities and the operations to be carried out. Similarly, the legal framework applicable to Mexico`s debt financing system provides for the following legislation: Finally, in addition to the current legal framework and guidelines, there are a number of agencies responsible for the proper functioning of the credit system in Mexico. Among the most important for its activities in this financial field are: “In case of request for this information for formal or legal purposes, it is necessary to consult the version published in the Official Gazette of the Federation, since, in accordance with article 3 of the Federal Civil Code, 2, 3 and 4 of the Law of the Official Gazette of the Federation and the Official Gazettes, It is the only official publication, which requires the application and compliance with a standard.” When copying, processing or quoting the information contained in the portal, the user refers to the electronic place and the date on which he consulted it. It also ensures balanced economic development, the protection of citizens` interests and the conditions under which the State exercises financial management of the Mexican banking system, which is composed of a group of institutions responsible for mobilizing funds from savers and other entities for investment through direct loans; It consists of: 6.4.1. A written document by which a person undertakes to pay another person a certain amount of money on a previously agreed date. Trade Off, provides you with a viable and efficient credit system with more than 20 customizable and cross-platform modules, in addition to a support figure, to ensure that the user has accurate knowledge of the functionality of our software. Political Constitution of the United Mexican States. (Last reform of the DOF 28 May 2021) Technical annex to the general provisions defining the information to be transmitted to CONDUSEF by the specialized units of financial institutions. (Last updated: 9 January 2015) 6.2.1. Commercial document by which a person, a shooter, another, drawn, orders the payment of a certain sum of money on a specific date or due date.
10.1.1. It consists in making unenforceable for the holder of the document the personal defences that the debtor has vis-à-vis the beneficiary and those that he had before the title. 6.1.1. Claims are registered documents and necessary for the exercise of literal right, they are commercial acts. 6.1.1.1.1. It is provided for in Article 5 of the General Law on Securities and Credit Transactions. 6.3.1. Commercial document obliging a bank or credit institution to pay a certain amount on behalf of one of its customers and to debit it from its bank account.
In the meantime, development banking institutions will be subject to their respective organic laws and, if this is not possible, to the provisions of the Law on Credit Institutions in order to achieve their objective of facilitating access to credit and financial services for individuals and businesses. and technical assistance and training on their respective organic laws in order to promote economic development in a satisfactory manner.