La reciente reforma financiera en México: Transformaciones y perspectivas

This paper analyzes the changes in the financial sector in Mexico from 2004 to 2014. The background of financial reform enacted in January 2014, are immediately between 2004 and 2012; in these years the renewal of the legislation was observed, for example, by allowing the transformation in the structure of the financial sector, by prioritizing the increased dynamism in capital flows, by providing the introduction of new investment instruments and the adoption of new practices and rules of operation in similarity to the international context. The regulatory framework for the years 2004-2012, which can be considered the first stage of the recent reform, was the result of a double scenario: the tendency of governments to choose the openness and flexibility of markets, and second, the recognition of the need for prudential measures which can reduce the financial risks and its negative impacts on economic activity.