 Regulators in Mexico The regulator supervising the financial market in Mexico is Banco de México (BdeM). FRSGlobal in Mexico The Mexican economy faced a great recession in 2009 when the Gross Domestic Product (GDP) contracted by 6.5 % . This was due to several reasons like weaker exports to the United States, lower remittances and investments from abroad, decline in oil revenues, and the impact of the H1N1 virus on tourism. Several measures were taken by the Federal Government and Banco de Mexico to preserve financial stability such as interventions in the foreign exchange market, additional liquidity facilities that complemented operating facilities and some additional changes in interest rate swap This way banks were in a better position to meet the liquidity needs of the customer. The impact of the measures can be seen on the GDP which shows a improvement from -2.00 % in Dec 2009 to 4.6% in Dec 2010. Firms are faced with investing time, effort and resource to:
You don’t have to worry about these things. As leaders in the field of risk and regulatory solutions FRSGlobal understands your business needs, our heritage in and in-depth knowledge of the financial market enables the development of our solutions to be so flexible that they meets the needs of ALL firms whatever the size or complexity. FRSGlobal leads the way in risk and regulatory compliance solutions. Specifically for firms in Mexico, our regulatory reporting solution automates the submission of Banco de México (BdeM) reports, and our risk solution covers all instruments required for conventional banking. Contact FRSGlobal130 Turner Street T: +1 781 370 1515
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FRSGlobal : Risk Analysis and Regulatory Reporting
