Mexico

In term of security standards, this new FINTECH Law obliges the Financial Technology Institutions and the Electronics Fund Payment Institutions to:
Open and handle and electronic fund payment account per client, recording all deposits equivalent to the amount of electronic payment funds issued against the reception of an amount of money, or virtual assets. (Article 22 Section I).
To count on the technological infrastructure and internal controls required for achieving its activities, and to count as well, on any policies, regulations and manuals required by the Law.