Enforcement actions yield 96 penalties worth 19.9 million pesos
Banco de México completed 77 inspection visits and imposed 96 sanctions totaling 19.88 million pesos under financial transparency rules in 2025. The central bank also reformed payroll credit frameworks and advanced card payment regulations.
Supervisory scrutiny and payroll credit overhaul
Banco de México conducted 77 inspection visits during 2025, with 41 specifically verifying compliance with the Law for the Transparency and Ordering of Financial Services (LTOSF).
The central bank imposed 96 sanctions totaling 19,882,974 pesos across commercial banks, development banks, SOFOMs, and credit cooperatives.
Most penalties involved violations in payroll portability (40), credit card rules (27), and total annual cost calculations (10).
Regulatory reforms under Circular 6/2025 restructured payroll-associated credit (CAN), permitting all credit institutions to issue loans backed by salary deposits regardless of which bank holds the payroll account.
The framework established a strict charging order to reduce default risks and foster bank mobility.
Accelerating digital payments and fee cataloging
Electronic transfers processed through SPEI grew 39.5 percent in volume to 6,909.2 million low-value transactions in 2025, reaching 10.4 trillion pesos.
Card payment volume rose 22.6 percent to 12,118.9 million operations, while ATM withdrawals fell 9.3 percent in volume to 1,482.3 million transactions.
By year-end 2025, 85.1 percent of fee registrations in the official registry (RECO) adopted the mandatory standardized taxonomy.
Banxico also launched public consultations to update card payment networks and credit cost calculation rules.
Enforcement rises but structural hurdles persist
Heightened supervisory penalties confirm Banxico's active enforcement posture.
Yet structural frictions persist in consumer credit where switching costs and high lending rates remain entrenched.
True consumer benefits will ultimately depend on whether payroll loan reforms spark real market competition.