Normativity - Experience

The financial sector in Mexico must be governed within the current regulatory framework, which makes it necessary to have an infrastructure, processes, and financial indicators in accordance with regulatory compliance.

Russell Bedford offers a broad portfolio of strategies and solutions through its specialists in the field. We help companies in the financial sector to establish the optimal strategies, both in technology and business processes to mitigate the inherent risks, as well as the proper management of assets and capital.

We meet the needs of these sectors:

• Banking and securities
• Non-bank financial, savings and popular creditt:
  • Savings and loan cooperatives
  • Popular Financial Societies
  • Credit Unions
  • Sociedades Financieras de Objeto Múltiple (Multiple Purpose Financial Institutions)
  • Almacenes Generales de Depósito (General Deposit Warehouses)
  • Exchange Houses and Exchange Centers
  • Money transmitters
  • Fintech

Our services include, among others:

• Regulatory compliance audits (annual and biannual) traditional and agile
• Consulting to Financial Sector entities (processes, policies and manuals)
• Incorporation of SOFOMES; obtaining the technical opinion before the CNBV; answering to the authorities; among others
• Advice on operational processes, comprehensive risk management and regulatory compliance
• Implementation of business impact analysis (BIA)
• Training in calculations for financial indicators ICAP, CCL, CFEN, among others

Other services:

• Financial instruments (derivatives, fixed income and equities)
• Automation of analytical reports
• Financial projections and stress scenarios
• Trusts
• Documentation of policies and procedures
• Business Continuity Plan
• Business model assessment (strategy and alignment of objectives)
• Manuals: elaboration, revision, design of policies and procedures
  • We design, develop the policies and procedures related to compliance with the provisions.
  • The manuals are elaborated considering the policies and procedures, personnel of the institution, communication and link with other manuals.
  • We hold sessions with those involved and through our methodology we design and develop policies and procedures.
  • Under the current regulatory framework.