CNBV

The National Banking and Securities Commission, or CNBV, is the financial regulatory agency of Mexico. Its primary mission is to regulate and supervise the Mexican banking and securities sectors to ensure their stability and proper functioning. The CNBV is an autonomous public entity with technical, operational, and managerial independence.

Established in 1995, the CNBV replaced the National Banking Commission and the National Securities Commission, consolidating their functions. The agency is responsible for authorizing, regulating, and overseeing financial institutions, including banks, credit unions, brokerage firms, investment companies, and other entities operating in the Mexican financial market.

Key responsibilities of the CNBV include setting prudential standards for financial institutions, monitoring their financial health, and enforcing regulations to protect investors and depositors. It also plays a crucial role in maintaining financial system stability by identifying and mitigating systemic risks. The CNBV works to promote competition and efficiency within the financial sector while ensuring transparency and fair practices. The agency is governed by a board of directors and headed by a president, appointed by the President of Mexico.