CNBV Licenses: Faster Approval Expected?

by Archynetys Entertainment Desk

They tell us that, less than a week before the 89th Banking Convention in Cancun, expectations are growing that, in his debut before the bankers, the president of the National Banking and Securities Commission (CNBV), Angel Cabrerarelieve the agency’s regulatory pipeline a little, and give the green light to the Brazilian Nu, to operate as a multiple bank, and also deliver its banking license to the Argentines of Mercado Pago. They remind us that Cabrera continues to maintain a low profile and handles himself with caution before the press, mainly due to the enormous pending list that exists in the department. They tell us that, so far, the official has been well received by the banking union, which has managed to convince him to jointly analyze regulatory proposals for the sector.

In 2016, the defunct Federal Economic Competition Commission (Cofece) recommended to the Congress of the Union and the then Secretariat of Communications and Transportation (SCT) to change the regulation of public passenger transportation service providers in taxi mode at the country’s airports, to replace the current scheme of exclusive or limited access with one of an open nature. The problem, they tell us, is that the taxis at the capital’s airport can only take fares, but when they return they do so empty and practically charge the costs of the return on the first trip. They tell us that, in the SICT, Jesus Estevathese suggestions have not been echoed, which adds to the lack of political will, so that the problem has been perpetuated as well as the high rates, to the detriment of users.

Given the need for automotive companies such as Tesla, BYD and GAC to report their sales figures in the Mexican market to Inegi, an institution headed by Graciela Marquezthey tell us that Electro Mobility Association, in charge of Eugenio Grandioconsiders that the sales report must be made through the Public Vehicle Registry (Repuve), the vehicle billing or the location, as occurs in most South American countries, such as Brazil. They tell us that the Mexican Association of Automotive Distributors (AMDA), of Guillermo Rosalessupports the location proposal, which is why the operation of Repuve without interruptions is vital, since it is the only means to know the real status of a car in circulation, and whether or not it has a theft report.

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