Abbreviations

Below you will find the list of abbreviations and terms used in describing the Customer Compliance module.

Abbreviation	Description
RFC	Registro Federal de Contribuyentes The Federal Taxpayers Registry (or RFC) refers to a key that requires every person in Mexico to perform an economic activity that this must tender to pay taxes to any moral person with some exceptions. These people are called taxpayers. This key must carry personal data or individual taxpayer as the name and date of birth, or name and date of origin of the firm. Registration is done at the offices of the Tax Administration Service of the Ministry of Finance and Public Credit, and is mandatory for all point to the Federal Tax Code.
CURP	Clave Única de Registro de Población The Clave Única de Registro de Población (translated into English as Unique Population Registry Code or else as Personal ID Code Number) (abbreviated CURP) is a unique identity code for both citizens and residents of Mexico. Each CURP code is a unique alphanumeric 18-character string intended to prevent duplicate entries.
CNBV	COMISION NACIONAL BANCARIA Y DE VALORES The National Banking and Securities Commission (CNBV) is a decentralized body of the Ministry of Finance and Public Credit (SHCP), with technical and executive powers; born in order to monitor and regulate, within its jurisdiction, to the entities in the financial system, in order to ensure its stability and proper operation, and to maintain and promote the healthy and balanced development of the entire financial system, in protecting the interests of the public. It also aims to monitor and regulate individuals and entities when engaging in activities provided for in the laws relating to the financial system. To fulfill its objectives the National Banking and Securities has the powers granted by law to the financial system as well as its own law, which is exercised through the following bodies: Governing Board Chair, Vice, Internal, DGs and other necessary administrative units

Abbreviation

Description

RFC

Registro Federal de Contribuyentes

The Federal Taxpayers Registry (or RFC) refers to a key that requires every person in Mexico to perform an economic activity that this must tender to pay taxes to any moral person with some exceptions. These people are called taxpayers. This key must carry personal data or individual taxpayer as the name and date of birth, or name and date of origin of the firm. Registration is done at the offices of the Tax Administration Service of the Ministry of Finance and Public Credit, and is mandatory for all point to the Federal Tax Code.

CURP

Clave Única de Registro de Población

The Clave Única de Registro de Población (translated into English as Unique Population Registry Code or else as Personal ID Code Number) (abbreviated CURP) is a unique identity code for both citizens and residents of Mexico. Each CURP code is a unique alphanumeric 18-character string intended to prevent duplicate entries.

CNBV

COMISION NACIONAL BANCARIA Y DE VALORES

The National Banking and Securities Commission (CNBV) is a decentralized body of the Ministry of Finance and Public Credit (SHCP), with technical and executive powers; born in order to monitor and regulate, within its jurisdiction, to the entities in the financial system, in order to ensure its stability and proper operation, and to maintain and promote the healthy and balanced development of the entire financial system, in protecting the interests of the public.

It also aims to monitor and regulate individuals and entities when engaging in activities provided for in the laws relating to the financial system.

To fulfill its objectives the National Banking and Securities has the powers granted by law to the financial system as well as its own law, which is exercised through the following bodies: Governing Board Chair, Vice, Internal, DGs and other necessary administrative units

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