Mexican Congress approves the bill for the Financial Technology Institutions Law

On 1 March 2018, the bill for the Financial Technology Institutions Law was passed before Congress, with 265 votes in favour, nine abstentions and 61 against. The bill has been sent to the president for publication.

Back in December 2017, the bill had been unanimously approved by the Senate, with 102 votes in favour, sending it to Congress for analysis. The bill did not undergo amendments of any kind in Congress. According to the Constitution of the United Mexican States, the president has 30 days to return the bill with further amendments in the event amendments are required and an additional 10 days to enact and publish it.

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