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November 16, 2024
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Develop the Mexican financial system, objective of financial policy in 2025

Develop the Mexican financial system, objective of financial policy in 2025

According to the general criteria of the Economy Package presented this Friday at the Chamber of Deputiesthe SHCP together with the other regulatory authorities will consolidate the regulatory framework to make administrative processes more efficient and, thus, ensure a healthy development of the financial sector.

On the other hand, the SHCP will monitor the cooperation that exists between banking, non-banking and financial technology (Fintech) intermediaries, together with agencies and international organizations in the technical part.

Regarding financial education, the SHCP proposed the incorporation of economic-financial education for beneficiaries of social programs, along with digitalization projects for that sector of the population.

To achieve inclusion finance with a gender perspectivethe representation of women in financial institutions will be promoted and projects will be carried out with public and private institutions for financial inclusion with a gender perspective.

Another area in which the SHCP will emphasize will be its participation in the authorization process to include the market. Fintech startups and, at the same time, seek mechanisms that offer legal certainty, promote the use of new technologies and strengthen the Fintech ecosystem through Financial Innovation Group (GIF).

A new regulatory framework for the evaluation and performance of commercial banking institutions will be implemented during 2025 with the purpose of promoting good practices with international parameters.



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