Desarrollo de Taxonomías XBRL para el Mercado de Valores Mexicano

Development of XBRL Taxonomies for the Mexican Securities Market

BPENNOVA
October 13, 2026
11:00 am

Technical leadership in the design and development of the base XBRL taxonomy for the Mexican market, mandatory for all listed issuers since Q1 2016.

Project overview

Year of implementation: 2010-2015
Client / regulator: Mexican Stock Exchange (BMV) and National Banking and Securities Commission (CNBV)
Country: Mexico

BPENNOVA's role

Technical leadership in the design and development of the base XBRL taxonomy built on IFRS 2012, with a specific extension for the Mexican market. Active participation in the XBRL International Specification Working Group to align with global standards.

Results and impact

Creation of a taxonomy with approximately 890 elements, harmonization of 243 base elements with the Mexican issuers' catalog, and mandatory implementation since Q1 2016 for all listed issuers (industrial, commercial, FIBRAs, CKDs). Mexico established itself as one of the most advanced Latin American markets in XBRL adoption for regulatory financial reporting.

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