Reforms to Mexico’s Securities Market Law enacted in December 2023 are set to catalyse a shift in the country’s financial landscape. Facilitating market entry and opening opportunities for investment, the amendments look to boost growth for small and medium-sized enterprises (SMEs) and increase banks’ appetite for risk, according to Moody’s Investors Service.
Key reforms include the introduction of a simplified registration procedure to expand the participation of SMEs in Mexico’s public markets. The amendments also give investors access to new, high-yield instruments and reallocate some supervisory responsibilities from the National Banking and Securities Commission (CNBV) to Mexico’s stock exchanges.
