In this talk I have emphasized the effects of considering departures from the minimal flavour violation conditions, in the context of CMSSM‐like theories, introduced by boundary conditions at GUT scale from Family Symmetries. In [1] we have shown the results of running these conditions down to EW, where constraints from fermion masses and CKM matrix elements have been used. Only when the expansion parameter in the sdown‐squark sector is relatively large it is possible to relax the lower limit from b→sγ on the universal gaugino mass. The expansion parameter associated with the slepton sector needs to be smaller than the analogous in the sdown‐squark sector in order to satisfy the bound imposed by the decay of τ→μμ.