Actinver, new Fiber Fiduciary inn after EU signaling on Cibanco • Business • Forbes Mexico

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MEXICO CITY.- The Inn Fiber Trust reported that Actinver is its substitute fiduciary, after the Treasury withdraw this business administration business to transfer it to the development bank.

Fibra Inn detailed in a statement that on Tuesday it was approved to designate Banco Actinver as a substitute fiduciary, after the stage of analysis and evaluation of the trustee removal process was exhausted, initiated on June 26, when the regulatory authority announced the temporary management intervention of the Cibanco and Interm Banks and the Vector House after the EU signal for alleged money.

“The aforementioned removal will be implemented in a coordinated manner between Cibanco as a substitute fiduciary and actinver as a substitute fiduciary, in the understanding that while the substitute trustee does not enter into functions, the replaced fiduciary will continue in the performance of his commission, this, in strict compliance with what is stipulated in the emitting trust contract,” he said in a statement fiber inn.

Fibra Inn added that he will continue to take the measures he deems appropriate to safeguard the interests of his holders and maintain his business.

Government intervention in the three financial groups indicated caused nervousness among clients and investors, which resulted in relocations of trust to other institutions.

Soser context:
EU gives extension to Inter -Cam, Cibanco and Vector; It highlights intervention by the Government of Mexico to combat money laundering

Actinver has reported that it has already begun to receive trusts from investigated institutions, as part of a broader process of fiduciary reorganization within the financial system.

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