Impact analysis of new regulation the mexican sofomes

Authors

  • Arturo Morales Castro Universidad Nacional Autónoma de México
  • Anahí Monserrat Torres Oliveros Universidad Nacional Autónoma de México
  • José Luis Alcalá Villarreal Universidad Autónoma del Caribe

Keywords:

Sofomes, Mexican financial sector, stress test

Abstract

This research shows evidence of impact on Multiple Purpose Financial Companies (Sofomes) in Mexico, derivative financial reform implemented from 2014 by the President of Mexico. A qualitative analysis of changes in Sofomes regulated and unregulated, and a stress test of Sofomes regulated using macroeconomic variables such as interest rate and GDP is presented. The approach is quantitative, non—experimental and longitudinal design is used, the correlational method is applied. The results show qualitative impact on unregulated and lack of influence on the resistance. Available information that talks about the changes in Sofomes, does not provide all the scenario that led to the impact of the Financial Reform, they are in isolation. In addition, there is no publication in Mexico that focuses only resistance Sofomes, Banxico and CNBV not show any studies specifically of these organizations, if not that fall into the financial system.

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Published

2017-04-17

Issue

No. 19: JAN-JUN 2017

Section

Original reflection article

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