Normativity - Experience

Russell Bedford offers a wide range of strategies and solutions through a group of Financial Services specialists. Mexico has a new legal framework to promote this sector, which entails enormous challenges for the participating financial institutions which are demanded to modify policies and operational processes, as well as investing in human, material and technological resources to comply with the new precepts and responsibilities.

We help entities in the Financial Sector to establish the most appropriate strategies regarding technology and business processes to achieve growth, while mitigating inherent risks and adequately managing their assets and capital.

We serve the needs of:

• Capital Markets and Banking Sector
• Non-banking Financial Sector:
  • Savings and Loan Cooperatives
  • Community-based Financial Institutions
  • Credit Unions
  • Multiple Purpose Financial Institutions (SOFOME)
  • General Deposit Warehouse
  • Currency Exchange Providers
  • Money transmitters

Our services include, among others:

• Business Consulting for Financial Sector Entities
• Establishment of SOFOMES; obtaining technical opinion required for authorities (CNBV); advisory services on requirements by authorities
• Operative process and risk management for both financial and non-financial sector companies
• Support in the process of authorization, establishment, organization, operation, and management of
• businesses and entities subject to the Financial Technology Institutions Law (FINTECH)