CNBV and ABM unite their 'power' in the fight against cybercrime and digital fraud

Mérida.- The National Banking and Securities Commission (CNBV) recognized that digital fraud and cybercrime have been increasing as a result of the greater use of new technologies, for which reason it is working together with the Association of Banks of Mexico to combat these crimes and corruption, stated Jesus de la Fuente Rodriguez.

The president of the CNBV, He specified that “the work will go in two tracks: one is the cyberattack against multiple banking institutions for which the commission has worked closely with the banks on a project that will benefit the sector in terms of information security.”

“At the CNBV we assume the commitment to continue adding efforts to carry out this project as soon as possible, because we know that the violation of any of the entities not only affects them, but also impacts trust in the system as a whole,” he emphasized during the inauguration of the 86th Banking Convention.

He explained that the second track refers to cyber fraud, which is what the user suffers. “We are working with the union to mitigate the incidences of these events, in this sense the CNBV works to strengthen the regulation regarding identity verification among its clients regardless of whether the operations carried out are digital or in person.

De la Fuente Rodríguez added that they also work with the president of the Superior Court of Justice of Mexico City and with the Coordination of the Fiscal Attorney of the Federation, for the implementation of civil courts specialized in financial matters to seek to promptly resolve disputes that arise between users and banks, prioritizing above all alternative means for dispute resolution.

Additionally, he said that in accordance with the commitment assumed in the last Convention, the CNBV promoted regulatory simplification in the aspect of accounting matters that make credit control transparent and improve.

It is especially recognized in an important way, to encourage an increase in credits to women so that they increase their participation in the market.

Last Monday, February 13, they issued a regulation to simplify the requirements that banks must include for a loan from a micro or small business in order to promote the participation of one of the segments, which represents about 99 percent of the business sector. from this country.

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Deborah Acker

I write epic fantasy; self-published via KDP. Devoted dog mom to my 10 yr old GSD, Shadow! DM not a priority; slow response at best #amwriting #author.

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