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El nuevo libro Normatividad Bancaria 2017 fue presentado por el autor y varias personalidades de la industria privada y del sector público.

The new book, 2017 Banking Regulations, was presented by the author and different members of the private and public sectors.

El nuevo libro Normatividad Bancaria 2017 fue presentado por el autor y varias personalidades de la industria privada y del sector público.

El autor señaló que “la problemática de la inclusión financiera es un tema de voluntad política”.

The author noted that, “Financial inclusion is a matter of political will.”

El autor señaló que “la problemática de la inclusión financiera es un tema de voluntad política”.

“Es una oportunidad para bancos y empresas de tecnología enfocados en innovar y crear soluciones a personas que están en la base de la pirámide económica”, explicó el autor.

“It’s an opportunity for banks and tech companies to focus on innovating and creating solutions for people at the bottom of the economic pyramid,” explained the author.

“Es una oportunidad para bancos y empresas de tecnología enfocados en innovar y crear soluciones a personas que están en la base de la pirámide económica”, explicó el autor.

El pasado 4 de mayo se presentó el nuevo libro del CPC José Antonio Quesada Palacios, director de EGADE Business School Ciudad de México.

On May 4 was the presentation of the book by CPA José Antonio Quesada Palacios, the director of the Mexico City campus of the EGADE Business School.

El pasado 4 de mayo se presentó el nuevo libro del CPC José Antonio Quesada Palacios, director de EGADE Business School Ciudad de México.

On May 4 was the presentation of the book 2017 Banking Regulations [Normatividad Bancaria 2017], by CPA José Antonio Quesada, the director of the Mexico City Campus of the EGADE Business School. Like in previous years, this book is an update of several works written by the author on the same topic since 2010.

2017 Banking Regulations [Normatividad Bancaria 2017], a new book by CPA José Antonio Quesada, the director of the Mexico City campus of the EGADE Business School, covers concrete, coordinated strategies between the public and private sectors to include formal and informal individuals and companies whose financing needs are not being met.

The author and several members of private industry and the public sector presented the new book, an update of several works the author has written on the same topic since 2010.

The book offers concrete, coordinated strategies between the public and private sectors to include formal and informal individuals and businesses whose financing needs are not being met. It is based on the idea that by incorporating new tech-based services, the constantly evolving financial sector will require ad hoc regulation.

Participants at the presentation included the book’s author, as well as Manuel Grañén Porrúa, the director of Grañén Porrúa publishers; Purificación Carpinteyro, a federal deputy in the 62nd Legislature of the Mexican Congress; José Luis Beato, the former manager of Coparmex; Andrés Velázquez, the president and founder of Máttica; and Jacobo Moret, who gave the welcome speech. The book covers three main aspects in the development of the financial sector and economic growth in Mexico: financial inclusion, internal control of financial institutions, and cybersecurity.

Regarding the first, CPA Quesada noted that, “Financial inclusion is a matter of political will…There is a proven link between it and corruption, infrastructure, poverty, and informality. That is why, over the last few decades, economies have tended to have more electronic transactions and less cash usage.” In countries such as Singapore, Holland, France, Sweden, and Canada, less than 50% of transactions are made in cash. On the contrary, the nations that tend to use cash more are India, Indonesia, Pakistan, Nigeria, and Mexico.

As an example of the political efforts against informality and corruption, CPA José Antonio Quesada mentioned a measure used last year in India—where only 5% of the population of 1.2 billion has a credit card, and 22% has a debit card—that took 80% of cash out of circulation, specifically high-value bills. The measure included incentives for businesses and people to make transactions in the financial sector, and penalized cash transactions.

“Even though it wasn’t a popular measure, it marked a turning point, charting a path for opportunities in a country where they hadn’t existed before,” said the director of the Mexico City campus of the EGADE Business School.

“It’s an opportunity for banks and tech companies to focus on innovation and creating solutions, by providing access to goods and services to people at the bottom of the economic pyramid,” he added, noting that financial inclusion also paves the way for the creation of new business models that use cutting-edge, cost-cutting infrastructure and technologies, ideas that undoubtedly require financial education.

According to Purificación Carpinteyro, “Financial inclusion is the basis for development in any society.” She mentioned the Telecommunications and Financial Reforms as instruments of financial inclusion that are essential to getting these systems to reach more people. “Inclusion is a word that speaks of attracting, of not discriminating or excluding those who are already excluded,” she added.

The second point covered in the book is on the structure of regulated bodies and their internal control, more precisely risk management. According to the author, it is important to have an acceptable level of different institutions with risks in regulated and non-regulated areas, and to push for a knowledge-based society, which means less risk in economic crises.

Also at the presentation, Alberto Palma spoke about the future and evolution of financial-system regulation, José Luis Beato highlighted the importance of and opportunity for Mexico in 2017 Banking Regulations, and Andrés Velázquez talked about the importance of cybersecurity.


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