Mexico’s Stock Market Reform Boosts Issuances

INSUBCONTINENT EXCLUSIVE:
Ministry of Finance, stock exchanges, and financial institutions are quickly working to finalize secondary regulations for this reform by
early 2024.Their goal is to activate new rules for listing stocks and debt on the Mexican Stock Exchange (BMV) and the Institutional Stock
He anticipates 30 to 40 simplified issuances this year, pending the timely completion of these regulations.After their release, both BMV and
It seeks to make it easier and cheaper for them to access the securities market, offering a quicker route to financing.Empowering Market
Accessibility and Growth InitiativesThe National Banking and Securities Commission (CNBV) plans to issue secondary provisions in March 2024
timeline, following discussions with finance leaders.The CNBV is coordinating with various authorities, including the Ministry of Finance
A group, led by AMIB, meets weekly to refine the eligibility criteria for medium and small businesses.Ariza highlights the importance of
making the market accessible to more companies
She focuses on streamlining processes for efficient market access and fostering demand for these new issuances.Ariza also sees potential in
attracting foreign investors with these offerings
through 1,346 issuances.