# EDGAR Filing Document

**Accession Number:** 0001773157
**File Stem:** 0001773157-23-000004
**Filing Date:** 2023-3
**Character Count:** 32604
**Document Hash:** 1304fc2ba1f49498fa6db104b16263ea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001773157-23-000004.hdr.sgml**: 20230328

**ACCESSION NUMBER**: 0001773157-23-000004

**CONFORMED SUBMISSION TYPE**: X-17A-5

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230328

**DATE AS OF CHANGE**: 20230328

**EFFECTIVENESS DATE**: 20230328

**PERIOD START**: 20220101

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FINAMEX INTERNATIONAL, LLC
- **CENTRAL INDEX KEY:** 0001773157
- **IRS NUMBER:** 834179547
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** X-17A-5
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 008-70333
- **FILM NUMBER:** 23771451

**BUSINESS ADDRESS:**
- **STREET 1:** 2700 POST OAK BLVD.
- **STREET 2:** 20TH FLOOR, SUITE 20-126
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77056
- **BUSINESS PHONE:** 713-332-0084

**MAIL ADDRESS:**
- **STREET 1:** 2700 POST OAK BLVD.
- **STREET 2:** 20TH FLOOR, SUITE 20-126
- **CITY:** HOUSTON
- **STATE:** TX
- **ZIP:** 77056

### Attached PDF Documents

**Attachment 1:** `finamexintl.pdf`

# UNITED STATES

# SECURITIES AND EXCHANGE COMMISSION

# Washington, D.C. 20549

OMB APPROVAL

OMB Number: 3235-0123

Expires: Oct. 31, 2023

Estimated average burden

hours per response: 12

# ANNUAL REPORTS

# FORM X-17A-5

# PART III

SEC FILE NUMBER

8-70333

# FACING PAGE

Information Required Pursuant to Rules 17a-5, 17a-12, and 18a-7 under the Securities Exchange Act of 1934

FILING FOR THE PERIOD BEGINNING 01/01/2022 AND ENDING 12/31/2022

MM/DD/YY

MM/DD/YY

# A. REGISTRANT IDENTIFICATION

NAME OF FIRM: Finamex International, LLC

TYPE OF REGISTRANT (check all applicable boxes):

☑ Broker-dealer

☐ Security-based swap dealer

☐ Major security-based swap participant

☐ Check here if respondent is also an OTC derivatives dealer

ADDRESS OF PRINCIPAL PLACE OF BUSINESS: (Do not use a P.O. box no.)

2700 Post Oak Blvd., 20th Floor/Office 20-126

(No. and Street)

Houston

Texas

77056

(City)

(State)

(Zip Code)

PERSON TO CONTACT WITH REGARD TO THIS FILING

Kristy Johnson

281-863-6111

kristy.johnson@finamexintl.com

(Name)

(Area Code - Telephone Number)

(Email Address)

# B. ACCOUNTANT IDENTIFICATION

INDEPENDENT PUBLIC ACCOUNTANT whose reports are contained in this filing*

Phillip V. George, PLLC

(Name - if individual, state last, first, and middle name)

5179 CR 1026

Celeste

Texas

75423

(Address)

(City)

(State)

(Zip Code)

02/24/2009

3366

(Date of Registration with PCAOB)(if applicable)

(PCAOB Registration Number, if applicable)

# FOR OFFICIAL USE ONLY

* Claims for exemption from the requirement that the annual reports be covered by the reports of an independent public accountant must be supported by a statement of facts and circumstances relied on as the basis of the exemption. See 17 CFR 240.17a-5(e)(1)(ii), if applicable.

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

# OATH OR AFFIRMATION

I, Kristy Johnson, swear (or affirm) that, to the best of my knowledge and belief, the financial report pertaining to the firm of Finamex International LLC, as of December 31, 2022, is true and correct. I further swear (or affirm) that neither the company nor any partner, officer, director, or equivalent person, as the case may be, has any proprietary interest in any account classified solely as that of a customer.

![img-0.jpeg](img-0.jpeg)

Signature: Kristy Johnson
Title: Chief Financial Officer

![img-1.jpeg](img-1.jpeg)

This filing** contains (check all applicable boxes):

(a) Statement of financial condition.
(b) Notes to consolidated statement of financial condition.
(c) Statement of income (loss) or, if there is other comprehensive income in the period(s) presented, a statement of comprehensive income (as defined in § 210.1-02 of Regulation S-X).
(d) Statement of cash flows.
(e) Statement of changes in stockholders' or partners' or sole proprietor's equity.
(f) Statement of changes in liabilities subordinated to claims of creditors.
(g) Notes to consolidated financial statements.
(h) Computation of net capital under 17 CFR 240.15c3-1 or 17 CFR 240.18a-1, as applicable.
(i) Computation of tangible net worth under 17 CFR 240.18a-2.
(j) Computation for determination of customer reserve requirements pursuant to Exhibit A to 17 CFR 240.15c3-3.
(k) Computation for determination of security-based swap reserve requirements pursuant to Exhibit B to 17 CFR 240.15c3-3 or Exhibit A to 17 CFR 240.18a-4, as applicable.
(i) Computation for Determination of PAB Requirements under Exhibit A to § 240.15c3-3.
(m) Information relating to possession or control requirements for customers under 17 CFR 240.15c3-3.
(n) Information relating to possession or control requirements for security-based swap customers under 17 CFR 240.15c3-3(p)(2) or 17 CFR 240.18a-4, as applicable.
(o) Reconciliations, including appropriate explanations, of the FOCUS Report with computation of net capital or tangible net worth under 17 CFR 240.15c3-1, 17 CFR 240.18a-1, or 17 CFR 240.18a-2, as applicable, and the reserve requirements under 17 CFR 240.15c3-3 or 17 CFR 240.18a-4, as applicable, if material differences exist, or a statement that no material differences exist.
(p) Summary of financial data for subsidiaries not consolidated in the statement of financial condition.
(q) Oath or affirmation in accordance with 17 CFR 240.17a-5, 17 CFR 240.17a-12, or 17 CFR 240.18a-7, as applicable.
(r) Compliance report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
(s) Exemption report in accordance with 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
(t) Independent public accountant's report based on an examination of the statement of financial condition.
(u) Independent public accountant's report based on an examination of the financial report or financial statements under 17 CFR 240.17a-5, 17 CFR 240.18a-7, or 17 CFR 240.17a-12, as applicable.
(v) Independent public accountant's report based on an examination of certain statements in the compliance report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
(w) Independent public accountant's report based on a review of the exemption report under 17 CFR 240.17a-5 or 17 CFR 240.18a-7, as applicable.
(x) Supplemental reports on applying agreed-upon procedures, in accordance with 17 CFR 240.15c3-1e or 17 CFR 240.17a-12, as applicable.
(y) Report describing any material inadequacies found to exist or found to have existed since the date of the previous audit, or a statement that no material inadequacies exist, under 17 CFR 240.17a-12(k).
(z) Other:

**To request confidential treatment of certain portions of this filing, see 17 CFR 240.17a-5(e)(3) or 17 CFR 240.18a-7(d)(2), as applicable.

# **FINAMEX INTERNATIONAL, LLC**  
**(A Wholly-Owned Subsidiary of Finamex USA, LLC)**

# **FINANCIAL REPORT**

December 31, 2022

# CONTENTS

| Report of the Independent Registered Public Accounting Firm on the Financial Statements | 1 |
| --- | --- |
| FINANCIAL STATEMENTS |  |
| Statement of financial condition | 2 |
| Statement of operations | 3 |
| Statement of changes in member's equity | 4 |
| Statement of cash flows | 5 |
| Notes to financial statements | 6 - 10 |
| SUPPLEMENTAL SCHEDULE |  |
| I. Computation of net capital and aggregate indebtedness pursuant to Rule 15c3-1 | 11 |
| Report of the Independent Registered Public Accounting Firm on the Exemption Report | 12 |
| Finamex International LLC's Exemption Report | 13 |

PHILLIP V. GEORGE, PLLC
CERTIFIED PUBLIC ACCOUNTANT

# REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Member
Finamex International, LLC

# Opinion on the Financial Statements

We have audited the accompanying statement of financial condition of Finamex International, LLC as of December 31, 2022, the related statements of operations, changes in member's equity, and cash flows for the year then ended, and the related notes (collectively referred to as the "financial statements"). In our opinion, the financial statements present fairly, in all material respects, the financial position of Finamex International, LLC as of December 31, 2022, and the results of its operations and its cash flows for the year then ended in conformity with accounting principles generally accepted in the United States of America.

# Basis for Opinion

These financial statements are the responsibility of Finamex International, LLC's management. Our responsibility is to express an opinion on Finamex International, LLC's financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to Finamex International, LLC in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. Our audit included performing procedures to assess the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements. Our audit also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that our audit provides a reasonable basis for our opinion.

# Auditor's Report on Supplemental Information

The supplemental information contained in Schedule I has been subjected to audit procedures performed in conjunction with the audit of Finamex International, LLC's financial statements. The supplemental information is the responsibility of Finamex International, LLC's management. Our audit procedures included determining whether the supplemental information reconciles to the financial statements or the underlying accounting and other records, as applicable, and performing procedures to test the completeness and accuracy of the information presented in the supplemental information. In forming our opinion on the supplemental information, we evaluated whether the supplemental information, including its form and content, is presented in conformity with 17 C.F.R. §240.17a-5. In our opinion, the supplemental information contained in Schedule I is fairly stated, in all material respects, in relation to the financial statements as a whole.

Phillip V. George

PHILLIP V. GEORGE, PLLC

We have served as Finamex International, LLC's auditor since 2020.

Celeste, Texas
March 27, 2023

5179 CR 1026 Celeste, TX 75423 (214) 358-5150 Fax (214) 358-0222 phil@pvgeorge.com

1

# FINAMEX INTERNATIONAL, LLC

## (A Wholly-Owned Subsidiary of Finamex USA, LLC)

### Statement of Financial Condition

#### December 31, 2022

ASSETS

| Cash | $646,241 |
| --- | --- |
| Clearing deposit | 150,128 |
| Accounts receivable | 294,753 |
| Prepaid expenses | 33,400 |
| TOTAL ASSETS | $1,124,522 |

LIABILITIES AND MEMBER'S EQUITY

| Liabilities |  |
| --- | --- |
| Accounts payable | $1,644 |
| Accrued compensation and related costs | 3,571 |
| Payable to clearing broker/dealer | 4,437 |
| TOTAL LIABILITIES | 9,652 |
| Member's Equity | 1,114,870 |
| TOTAL LIABILITIES AND MEMBER'S EQUITY | $1,124,522 |

See notes to financial statements.

2

# FINAMEX INTERNATIONAL, LLC

## (A Wholly-Owned Subsidiary of Finamex USA, LLC)

### Statement of Operations

#### Year Ended December 31, 2022

**Revenue**

| Securities commissions | $135,051 |
| --- | --- |
| Services revenue | 309,828 |
| Reimbursed expenses | 326,196 |
| Interest | 129 |
| TOTAL REVENUE | 771,204 |

**Expenses**

| Compensation and related costs | 697,379 |
| --- | --- |
| Execution and clearing | 88,247 |
| Occupancy and equipment | 20,497 |
| Professional fees | 226,893 |
| Regulatory fees and expenses | 2,071 |
| Technology and communications | 48,604 |
| Travel | 24,185 |
| Other expenses | 14,562 |
| TOTAL EXPENSES | 1,122,438 |
| NET LOSS | $(351,234) |

See notes to financial statements.

3

# FINAMEX INTERNATIONAL, LLC

## (A Wholly-Owned Subsidiary of Finamex USA, LLC)

## Statement of Changes in Member's Equity

## Year Ended December 31, 2022

Balances at

December 31, 2021 $891,104

Contributions from member

575,000

Net loss

(351,234)

Balances at

December 31, 2022 $1,114,870

See notes to financial statements.

4

# **FINAMEX INTERNATIONAL, LLC**  
 **(A Wholly-Owned Subsidiary of Finamex USA, LLC)**  
 **Statement of Cash Flows**  
 **Year Ended December 31, 2022**

# **Cash flows from operating activities:**

| Net loss | $(351,234) |
| --- | --- |
| Adjustments to reconcile net loss to net cash used in operating activities |  |
| Changes in assets and liabilities |  |
| Increase in accounts receivable | (108,917) |
| Decrease in prepaid expenses | 218 |
| Increase in clearing deposit | (128) |
| Decrease in accounts payable | (14,309) |
| Decrease in accrued compensation and related costs | (87,653) |
| Decrease in payable to clearing broker/dealer | (118) |
| Net cash used in operating activities | (562,141) |

# **Net cash provided by financing activities**

| Contributions from member | 575,000 |
| --- | --- |
| Net increase in cash | 12,859 |
| Cash at beginning of year | 633,382 |
| Cash at end of year | $646,241 |

# **Supplemental Disclosures of Cash Flow Information:**

| Cash paid during the year for |  |
| --- | --- |
| Income taxes | $ - |
| Interest | $ - |

See notes to financial statements.

5

# FINAMEX INTERNATIONAL, LLC
(A Wholly-Owned Subsidiary of Finamex USA, LLC)
Notes to Financial Statements
December 31, 2022

# Note 1 - Nature of Business and Summary of Significant Accounting Policies

Nature of Business:

Finamex International, LLC (the Company), a wholly-owned subsidiary of Finamex USA, LLC, (the Parent), was organized in March 2019 as a Delaware limited liability company. The Company is registered as a broker-dealer with the Securities and Exchange Commission (“SEC”) and is a member of the Financial Industry Regulatory Authority, Inc. (“FINRA”) and Securities Investor Protection Corp. (“SIPC”).

The Company operates under the exemptive provisions of Rule 15c3-3(k)(2)(ii) of the Securities Exchange Act of 1934, and accordingly, is exempt from the remaining provisions of that Rule. For the Company’s other business activities, it is considered a Non-Covered Firm exempt from 17 C.F.R. §240.15c3-3. The Company does not hold customer funds or securities, carry accounts for customers or carry PAB accounts (as defined in Rule 15c3-3).

The Company’s operations consist primarily of providing securities brokerage services to individuals located in Mexico and providing chaperone and referencing services for equity transactions to its Parent’s Parent.

Significant Accounting Policies:

# Use of Estimates

The preparation of the financial statements in conformity with U.S. generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

6

# **FINAMEX INTERNATIONAL, LLC**  
**(A Wholly-Owned Subsidiary of Finamex USA, LLC)**  
**Notes to Financial Statements**  
**December 31, 2022**

# **Note 1 - Nature of Business and Summary of Significant Accounting Policies**  
**(continued)**

# Revenue Recognition

Revenue from contracts includes securities commissions and services revenue. The recognition and measurement of revenue is based on the assessment of individual contract terms. Significant judgment is required to determine whether the performance obligations are satisfied at a point in time or over time; how to allocate transaction prices where multiple performance obligations are identified; when to recognize revenue based on the appropriate measure of the Company’s progress under the contract; and whether constraints on variable consideration should be applied due to uncertain future events.

The Company buys and sells securities on behalf of its customers. Each time a customer enters into a buy or sells transaction, the Company charges a commission. Commissions and related clearing expenses are recorded on the trade date (the date that the Company fills the trade order by finding and contracting with counterparty and confirms the trade with the customer). The Company believes that the performance obligation is satisfied on the trade date because that is when the underlying financial instrument or purchaser is identified, the pricing is agreed upon and the risks and rewards of ownership have been transferred to/from the customer. The Company also acts as a chaperone for transactions between its U.S. institutional investors and its Parent’s Parent, pursuant to Exchange Act Rule 15a-6, for which the Company receives a flat fee per month as securities commission for these trades. Securities commissions also include interest rebates on customer accounts, and other revenue related to customer accounts which is recorded on the trade date.

The Company earns services revenue under an agreement with its Parent’s Parent. The Company believes the performance obligation for providing services revenue is satisfied over time because the customer is receiving and consuming the benefits as they are provided by the Company. Fees are earned monthly and are recognized as revenue at that time as they relate specifically to the services provided in that period, which are distinct from the services provided in other periods.

Reimbursed expenses consist of amounts reimbursed by a related party and are typically recognized as revenue and expensed as incurred, as these costs are related to performance obligations that are satisfied over time.

7

# FINAMEX INTERNATIONAL, LLC
(A Wholly-Owned Subsidiary of Finamex USA, LLC.)
Notes to Financial Statements
December 31, 2022

# Note 1 - Nature of Business and Summary of Significant Accounting Policies (continued)

Income Taxes

The Company is a single member limited liability company and is treated as a disregarded entity for federal income tax purposes. Consequently, federal income taxes are not payable by, or provided for, the Company.

# Note 2 - Transactions with Clearing Broker/Dealer

The Company has a clearing agreement with a national clearing broker-dealer to provide clearing, execution and other related securities services. The agreement requires the Company to maintain a minimum of $100,000 in a deposit account with the clearing broker-dealer. The agreement also requires minimum monthly charges of $10,000.

# Note 3 - Net Capital Requirements

The Company is subject to the SEC Uniform Net Capital Rule (Rule 15c3-1), which requires the maintenance of a minimum amount of net capital and requires that the ratio of aggregate indebtedness to net capital, both as defined, shall not exceed 15 to 1. Rule 15c3-1 also provides that equity capital may not be withdrawn or cash dividends paid if the resulting net capital ratio would exceed 10 to 1. At December 31, 2022, The Company had net capital of $786,717, which was $536,717 in excess of its required net capital of $250,000. The Company's net capital ratio was .01 to 1.

# Note 4 - Office Lease

The Company leases office space in Houston, Texas on a month-to-month basis for approximately $1,100 per month. Rental expense for the office lease totaled $20,497 for the year.

# Note 5 - Concentration of Credit Risk

Cash held is in excess of the SIPC protection of $250,000, creating a credit risk of $376,870 at December 31, 2022. Cash balances fluctuate on a daily basis.

Accounts receivable from the Company's affiliates at December 31, 2022, totals $294,753, or approximately 26% of total assets.

8

# **FINAMEX INTERNATIONAL, LLC**  
**(A Wholly-Owned Subsidiary of Finamex USA, LLC)**  
**Notes to Financial Statements**  
**December 31, 2022**

# **Note 6 - Contingencies**

There are currently no asserted claims or legal proceedings against the Company, however, the nature of the Company's business subjects it to various claims, regulatory examinations, and other proceedings in the ordinary course of business. The ultimate outcome of any such action against the Company could have an adverse impact on the financial condition, results of operations, or cash flows of the Company.

# **Note 7 - Off-Balance-Sheet Risk**

As discussed in Note 1, the Company's customers' securities transactions are introduced on a fully disclosed basis with its clearing broker/dealer. The clearing broker/dealer carries accounts of the customers of the Company and is responsible for execution, collection and payment of funds, and receipt and delivery of securities relative to customer transactions. Off-balance-sheet risk exists with respect to these transactions due to the possibility that customers may be unable to fulfill their contractual commitments wherein the clearing broker/dealer may charge any losses it incurs to the Company. The Company seeks to minimize this risk through procedures designed to monitor the credit worthiness of its customers and that customer transactions are executed properly by the clearing broker/dealer.

# **Note 8 - Related Party Transactions/Concentration of Revenue**

The Company and its Parent's Parent have entered into an agreement (Agreement) under which the Company acts as a chaperone for transactions between its U.S. institutional investors and its Parent's Parent, pursuant to Exchange Act Rule 15a-6, effective December 10, 2020. The Agreement was for an initial one-year term and is automatically renewable unless canceled by either Party. The Agreement has automatically renewed through 2023. Under the Agreement, the Company received a flat fee per month of $5,000 through June 2022 and receives a flat fee per month of $10,000 for July 2022 forward as securities commission for these trades, which totaled $90,000 for 2022.

9

# FINAMEX INTERNATIONAL, LLC
(A Wholly-Owned Subsidiary of Finamex USA, LLC)
Notes to Financial Statements
December 31, 2022

# Note 8 - Related Party Transactions/Concentration of Revenue (continued)

The Company and its Parent's Parent have entered into a Services Agreement (Services Agreement) effective July 1, 2021 and amended effective July 29, 2022. The Services Agreement is cancelable by either party upon at least 30 days prior notice. Under the Services Agreement, the Company provides referencing services for equity transactions to the Parent's Parent. The Services Agreement requires the Parent's Parent to pay the Company 42% of the profit margin generated in their equity sales area for the transactions referred by the Company. The percentage due under the Services Agreement will be reviewed and updated by the parties every six months. Services revenue earned under the Services Agreement totaled $309,828 during 2022, of which $8,557 is receivable at December 31, 2022.

The Company and a related party entered into an Agreement (Reimbursement Agreement) effective January 1, 2022. Under the Reimbursement Agreement, the related party reimburses the Company for reasonable business expenses incurred on behalf of the related party. Expenses reimbursed under the Reimbursement Agreement totaled $326,196 during 2022, of which $286,196 is receivable at December 31, 2022.

Revenue earned from related parties during 2022 totaled $726,024, or approximately 94% of total revenue.

# Note 9 - Subsequent Events

Management has evaluated the Company's events and transactions that occurred subsequent to December 31, 2022, through March 27, 2023, the date which the financial statements were available to be issued.

There were no events or transactions that occurred during this period that materially impacted the amounts or disclosures in the Company's financial statements.

10

# **Schedule I**

# **FINAMEX INTERNATIONAL, LLC  
(A Wholly-Owned Subsidiary of Finamex USA, LLC)  
Computation of Net Capital and Aggregate Indebtedness  
Pursuant to Rule 15c3-1  
December 31, 2022**

# **Computation of Net Capital**

Total member's equity qualified for net capital $1,114,870

# **Deductions and/or charges**

# **Non-allowable assets:**

| Accounts receivable | 294,753 |
| --- | --- |
| Prepaid expenses | 33,400 |

| Total deductions and/or charges | 328,153 |
| --- | --- |

| Net capital before haircuts on securities | 786,717 |
| --- | --- |

# **Haircuts on securities**

| Cash | - |
| --- | --- |

| Net Capital | $786,717 |
| --- | --- |

# **Aggregate indebtedness**

| Accounts payable | $1,644 |
| --- | --- |
| Accrued compensation and related costs | 3,571 |
| Payable to clearing broker/dealer | 4,437 |

| Total aggregate indebtedness | $9,652 |
| --- | --- |

# **Computation of basic net capital requirement**

| Minimum net capital required (greater of $250,000 or 6 2/3% of aggregate indebtedness) | $250,000 |
| --- | --- |

| Net capital in excess of minimum requirement | $536,717 |
| --- | --- |

| Ratio of aggregate indebtedness to net capital | .01 to 1 |
| --- | --- |

# **Reconciliation of Computation of Net Capital**

There are no material differences between the preceding computation and the Company's corresponding unaudited Part II of Form X-17A-5 as of December 31, 2022.

# **Statement Regarding Changes in Liabilities Subordinated to Claims of General Creditors**

No statement is required as no subordinated liabilities existed at any time during the year.

# **Statement Regarding the Reserve Requirements and Possession or Control Requirements**

The Company operates pursuant to section (k)(2)(ii) exemptive provisions of Rule 15c3-3 of the Securities Exchange Act of 1934, and is also considered a Non-Covered Firm exempt from 17 C.F.R. §240.15c3-3. The Company does not hold customer funds or securities. The Computation for Determination of the Reserve Requirements and Information Relating to the Possession and Control Requirements are not required.

See accompanying independent auditor's report.

11

PHILLIP V. GEORGE, PLLC
CERTIFIED PUBLIC ACCOUNTANT

# REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

Member
Finamex International, LLC

We have reviewed management's statements, included in the accompanying Exemption Report, in which (1) Finamex International, LLC identified the following provision of 17 C.F.R. §15c3-3(k) under which Finamex International, LLC claimed the following exemption from 17 C.F.R. §240.15c3-3:(2)(ii) exemption provision and (2) Finamex International, LLC stated that Finamex International, LLC met the identified exemption provision throughout the most recent fiscal year without exception.

The Company is also filing this Exemption Report because the Company's other business activities contemplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 are limited to providing chaperone and referencing services for equity transactions. In addition, the Company did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company; did not carry accounts of or for customers; and did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception.

Finamex International, LLC's management is responsible for compliance with the exemption provisions and its statements.

Our review was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and, accordingly, included inquiries and other required procedures to obtain evidence about Finamex International, LLC's compliance with the exemption provisions. A review is substantially less in scope than an examination, the objective of which is the expression of an opinion on management's statements. Accordingly, we do not express such an opinion.

Based on our review, we are not aware of any material modifications that should be made to management's statements referred to above for them to be fairly stated, in all material respects, based on the provisions set forth in paragraph (k)(2)(ii) of Rule 15c3-3 under the Securities Exchange Act of 1934 and the Company's other business activities contemplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5, and related SEC Staff Frequently Asked Questions.

Phillip V. George, PLLC

PHILLIP V. GEORGE, PLLC

Celeste, Texas
March 27, 2023

12

5179 CR 1026 Celeste, TX 75423 (214) 358-5150 Fax (214) 358-0222 phil@pvgeorge.com

# **Finamex International, LLC's Exemption Report**

Finamex International, LLC (the "Company") is a registered broker-dealer subject to Rule 17a-5 promulgated by the Securities and Exchange Commission (17 C.F.R. §240.17a-5, "Reports to be made by certain brokers and dealers"). This Exemption Report was prepared as required by 17 C.F.R. § 240.17a-5(d)(1) and (4). To the best of its knowledge and belief, the Company states the following:

1. Finamex International, LLC claimed an exemption 17 C.F.R. § 240.15c3-3 under the following provisions of 17 C.F.R. § 240.15c3-3 (k)(2)(ii).
2. Finamex International, LLC met the identified exemption provisions in 17 C.F.R. § 240.15c3-3(k)(2)(ii) throughout the most recent fiscal year without exception.
3. The Company is also filing this Exemption Report because the Company's other business activities contemplated by Footnote 74 of the SEC Release No. 34-70073 adopting amendments to 17 C.F.R. § 240.17a-5 are limited to providing chaperone and referencing services for equity transactions, and the Company (1) did not directly or indirectly receive, hold, or otherwise owe funds or securities for or to customers, (other than money or other consideration received and promptly transmitted in compliance with paragraph (a) or (b)(2) of Rule 15c2-4 and/or funds received and promptly transmitted for effecting transactions via subscriptions on a subscription way basis where the funds are payable to the issuer or its agent and not to the Company); (2) did not carry accounts of or for customers; and (3) did not carry PAB accounts (as defined in Rule 15c3-3) throughout the most recent fiscal year without exception.

Finamex International, LLC

I, Kristy K. Johnson, affirm that, to my best knowledge and belief, this Exemption Report is true and correct.

![img-0.jpeg](img-0.jpeg)

Chief Financial Officer

March 23, 2023

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM X-17A-5

### ANNUAL AUDITED REPORT

### Filer Information

**Filer CIK:** 0001773157

**Filer CCC:** XXXXXXXX

**Is this a LIVE or TEST filing?:** LIVE

**Would you like a Return Copy?:** No

### Submission Information

**Report Period Begin Date:** 01-01-2022

**Report Period End Date:** 12-31-2022

**Type of Registrant:** Broker-dealer

**Any material weaknesses identified?:** No

### Registrant Identification

**Name of Broker-Dealer:** FINAMEX INTERNATIONAL, LLC

**Business Address:** 2700 POST OAK BLVD., 20TH FLOOR, SUITE 20-126, HOUSTON, TX, 77056

**Contact Person:** Kristy Johnson

**Contact Phone:** 281-863-6111

### Independent Public Accountant Identification

**Accountant Name:** Phillip V. George, PLLC

**Accountant Address:** 5179 CR 1026, Celeste, TX, 75423

**Accountant Type:** Certified Public Accountant

### OATH OR AFFIRMATION

I, **Kristy K Johnson**, swear (or affirm) that, to the best of my knowledge and belief, the accompanying financial statements and supporting schedules pertaining to the firm of **FINAMEX INTERNATIONAL, LLC**, as of **12-31-2022**, are true and correct.

**Signature:** Kristy K Johnson

**Title:** Chief Financial Officer

**Notarized:** Yes