Latin America | Financial services

CNBV (Mexico)

The Comisión Nacional Bancaria y de Valores (“CNBV”) is responsible for supervising and regulating financial institutions that make up the financial system in Mexico. The CNBV looks to ensure the stability and correct operation of the Mexican financial system as well as maintain and promote the healthy and balanced development of the system as a whole.

The CNBV provides guidance for how financial institutions can effectively manage outsourcing risk in various frameworks. These frameworks provide specific guidance on: due diligence, monitoring the service, subcontracting, confidentiality and security of data, audit and access rights, business continuity and data portability.

Google Cloud’s contracts for financial institutions in Mexico address the requirements in the CNBV frameworks. We have also created mappings to the guidelines for both Google Cloud and Google Workspace to assist you with understanding how we can support you with meeting the requirements and assess us as an outsourced service provider. Google Cloud is committed to addressing these requirements regardless of how financial institutions choose to use our services.

CNBV Compliance Offerings

Learn more about key laws, regulations, and guidelines prescribed by the CNBV.

Ley de Instituciones de Crédito

The Credit Institutions Law or Ley de Instituciones de Crédito (“LIC”) and the General Provisions Applicable for Credit Institutions or Disposiciones de Carácter General Aplicables a las Instituciones de Crédito (“CUB”) set out the CNBV’s expectations of credit institutions where they outsource functions. They provide specific guidance on due diligence, monitoring the service, subcontracting, confidentiality and security of data, audit and access rights, business continuity, and data portability.

Ley del Mercado de Valores

The Securities Market Law or Ley del Mercado de Valores (“LMV”) and the General Provisions Applicable for Brokerage Houses or Disposiciones de Carácter General Aplicables a las Casas de Bolsa (“CUCB”) set out the CNBV’s expectations of brokerage houses where they outsource functions. They provide specific guidance on due diligence, monitoring the service, subcontracting, confidentiality and security of data, audit and access rights, business continuity, and data portability.

Ley para Regular las Instituciones de Tecnología Financiera

The Financial Technology Institutions Law or Ley para Regular las Instituciones de Tecnología Financiera (“Fintech Law”) and the General provisions applicable for financial technology institutions or Disposiciones de Carácter General Aplicables a las Instituciones de Tecnología Financiera (“CUF”) sets out the CNBV’s expectations of fintech companies and crowdfunding institutions where they outsource functions. They provide specific guidance on due diligence, monitoring the service, subcontracting, confidentiality and security of data, audit and access rights, business continuity, and data portability.