Technical adjustment with systemic impact
The National Banking and Securities Commission (CNBV) modified the calculation method of the Total Loss Absorption Capacity (TLAC). The objective is to strengthen the capital of the country’s largest banks and prevent a possible bankruptcy from putting financial stability at risk.
The TLAC scheme, adopted after the 2008 crisis, requires that systemic entities have sufficient resources to absorb losses without resorting to public funds. The measure is mandatory and is aligned with standards of the Financial Stability Board and the Basel Committee.
Institutions such as BBVA, Santander, Banorte, Banamex, HSBC, Inbursa, Scotiabank and Citi México will have to adjust their capital and risk models. They are considered entities of systemic importance, whose stability is key to the national economy.
Context of international pressure
The adjustment occurs amid accusations from the United States Department of Justice against the licensed governor of Sinaloa, Rubén Rocha Moya. It also coincides with the growing international attention on the Mexican banking system, in view of the review of the T-MEC.
In parallel, the Financial Intelligence Unit (UIF) ordered preventive freezes of accounts linked to designated officials. The Bank of Mexico and the CNBV reinforce measures to contain risks and preserve the stability of the financial system.




