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Mexico is exposed to both transition and physical risks from climate change. Mexico's total energy supply is dominated … low carbon economy raises challenges for the economy and financial sector that need to be considered. Meanwhile, Mexico is …
Persistent link: https://www.econbiz.de/10015059928
Mexico has a resilient financial system but a low level of financial inclusion. The financial system is smaller than in …
Persistent link: https://www.econbiz.de/10015059929
Mexico's financial system is digitalizing rapidly, increasing exposure to cyber risk. As in other jurisdictions …, internet and mobile banking users in Mexico have increased substantially, but cyber incidents have also surged in recent years …. The tight interdependencies within its financial system, and beyond, make Mexico vulnerable to evolving cyber threats …
Persistent link: https://www.econbiz.de/10015059983
The Mexican financial authorities strengthened the financial safety net since the last FSAP and need to continue and accelerate enhancements. Recovery and resolution plans are in place for all commercial banks, systemic banks are required to increase their loss absorbency complementing the...
Persistent link: https://www.econbiz.de/10015059984
Mexican money markets are well-regulated and function efficiently, with significant mitigants to systemic liquidity risks. This is supported by the dominance of the repo market in system-wide liquidity management, the marginal level of interbank unsecured transactions, as well as commercial...
Persistent link: https://www.econbiz.de/10015059985
Mexico has had a robust financial system for many years. Banks have maintained high capital and liquidity buffers …. However, the system provides less finance to the real economy than in peers. Mexico has experienced significant real GDP … during the pandemic. The key risk confronting Mexico is the first sustained and ongoing tightening of global liquidity …
Persistent link: https://www.econbiz.de/10015059994
for the Mexico Financial Sector Assessment Program. The mandate of National Banking and Securities Commission (CNBV) is to … Credit Institutions and other relevant laws concerning financial institutions. Mexico chose to be assessed and graded against … Essential Criteria only. The standards were evaluated in the context of Mexico's financial system's sophistication and …
Persistent link: https://www.econbiz.de/10015059612
Persistent link: https://www.econbiz.de/10009621040