Regulatory requirements for financial institutions are as follows:
● Credit Institutions Law: This law regulates the credit requirements set by banking institutions. The law covers information security, employee management, infrastructure security, communication security, change management, storage security, log management, configuration management, network isolation, security test, password management, physical security, service continuity, emergency response system, audit, and supplier management.
● Securities Market Law: This law describes regulations primarily for companies other than financial institutions involved in securities and equity offerings and intermediaries. The law covers information security, employee management, infrastructure security, communication security, change management, storage security, log management, configuration management, network isolation, security testing, password management, physical security, service continuity, emergency response systems, audits, and supplier management.
● Financial Technology Institutions Regulatory Law: This law regulates the services provided by financing and electronic payment institutions. The law covers cloud security, information security, employee management, infrastructure security, communications security, change management, storage security, log management, configuration management, network isolation, security testing, password management, physical security, service continuity, emergency response systems, audits, and supplier management.
● Insurance and Bonding Institutions Law: This law sets out provisions for regulating the establishment, operation, and liquidation of insurance companies, guarantee companies, and reinsurance institutions. It specifically covers information security, employee management, infrastructure security, communication security, change management, storage security, business continuity, emergency response systems, audit, and supplier management.
● Provisions Applicable to Electronic Payment Funds Institutions: These provisions regulate information security and business continuity for electronic payment institutions such as digital wallets and prepaid cards. They specifically cover information security, employee management, infrastructure security, communication security, change management, storage security, log management, configuration management, network isolation, security testing, password management, physical security, business continuity, emergency response systems, audit, and supplier management.
● General Provisions Applicable to Participants in Managed Payment Systems: These provisions set out requirements for all financial institutions (including banks and electronic payment institutions, etc.) participating in central bank–managed payment systems. They specifically cover information security, employee management, infrastructure security, communication security, change management, storage security, log management, configuration management, network isolation, security testing, password management, physical security, business continuity, emergency response systems, audit, and supplier management.
As a cloud service provider, Huawei Cloud is committed to helping you meet these regulatory requirements and continuously providing you with cloud services and environments that meet financial industry requirements.
HUAWEI CLOUD User Guide to Financial Services Regulations & Guidelines in Mexico describes how Huawei Cloud will help you meet the regulatory requirements of the financial industry.