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Bloomberg, Banco De México, and financial leaders discuss upcoming regulations

Mexican banks, brokerage firms, investments funds, and some corporations need to work quickly to address upcoming regulations, said financial experts who gathered together at a recent Bloomberg Mexico Regulatory Outlook 2024 event. More than 150 financial professionals attended the event to discuss new standards from the Central Bank of Mexico that requires firms to change their benchmark lending rates by January 1, 2025. The affected firms must transition away from the 28-day Interbank E. ....

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