Winds Of Change In Chilean Capital Markets

On December 26, 2018, the Central Bank of Chile published an amendment to Chapter III.J.2 of its Financial Regulations Compendium, on Payment Cards Operation, after a one-month public consultation that allowed the general public to make comments or observations to the proposal.

The Central Bank of Chile has unveiled its August 2026 Payments Systems Report, introducing a comprehensive regulatory development agenda that will reshape digital payments infrastructure and establish new frameworks for stablecoin regulation. The announcement signals significant changes ahead for financial institutions and Fintech companies as the Central Bank moves to strengthen instant payment systems...

Chile's Financial Market Commission has proposed regulatory amendments that would significantly expand the scope of activities available to payment card operators, introducing new services such as payment initiation, electronic funds transfer systems, and payout services to affiliated merchants. The proposal aims to leverage operators' technological capabilities while establishing clear conditions and safeguards for these complementary activities within the Chilean payments ecosystem.

La Comisión para el Mercado Financiero de Chile ha publicado una propuesta normativa que busca crear un Compendio de Normas para las Entidades Clasificadoras de Riesgo, modernizando la regulación actual y estableciendo nuevos requisitos de gobierno corporativo, independencia y transparencia. ¿Cómo impactarán estas modificaciones en las clasificadoras de riesgo y qué cambios deberán implementar las entidades ya inscritas?

On August 23, the Central Bank of Chile published, for public consultation purposes, a proposed amendment to Chapter III.J.2 of its Financial Regulations Compendium

Two separate teams from Chilean firm Carey have advised Chilean wood products company Masisa and a group of lending banks on a US$100 million credit facility granted to the manufacturer.

According to the Chilean Banks and Financial Institutions Association

La Comisión para el Mercado Financiero ha iniciado una consulta pública sobre modificaciones normativas que permitirían a los operadores de tarjetas de pago expandir significativamente sus servicios complementarios. La propuesta incluye la incorporación de servicios de iniciación de pagos, sistemas basados en transferencias electrónicas y servicios de payouts, aprovechando las capacidades tecnológicas del ecosistema de pagos.

Alternative Investment Funds Comparative Guide for the jurisdiction of Chile, check out our comparative guides section to compare across multiple countries

Chile's Financial Market Commission has proposed consolidating regulations for Credit Rating Agencies into a single compendium, introducing significant changes to registration requirements, corporate governance standards, and information disclosure obligations.

El Congreso chileno aprobó el Proyecto de Reforma Tributaria el 4 de agosto de 2026, introduciendo cambios significativos al sistema impositivo nacional. Entre las medidas destacadas se encuentran la reducción...

El Gobierno chileno ha presentado un proyecto de ley que posterga la entrada en vigor de la nueva Ley de Protección de Datos Personales hasta diciembre de 2027...

Chile's Congress has approved a comprehensive Tax Reform Bill featuring a gradual reduction of the Corporate Income Tax rate to 23%, full tax system integration, and new tax invariability regimes for investors. The reform introduces significant changes including preferential rates for foreign capital disclosure, elimination of capital gains tax on publicly traded shares, and temporary reductions in gift taxes for family transfers.

The Chilean government has submitted a bill to postpone the implementation of its comprehensive personal data protection law by one year, pushing the effective date to December 2027. The proposed delay aims to provide additional time for establishing the Personal Data Protection Agency and allow organizations to adapt their processes to the new regulatory requirements.

Chilean firm Carey has helped Costa Rican private equity company Mesoamerica purchase a majority stake in Chilean fast food company Unifood.

En el Senado actualmente se tramita un proyecto de ley que modifica sustancialmente la Ley de Protección de Datos N° 19,628.

On December 26, 2018, the Central Bank of Chile published an amendment to Chapter III.J.2 of its Financial Regulations Compendium, on Payment Cards Operation, after a one-month public consultation that allowed the general public to make comments or observations to the proposal.

When Madrid lender Bankia's US$27 billion bailout by the Spanish government prompted it to shed assets abroad, Chile's third-largest private bank, the ambitious, family-run Banco de Crédito e Inversiones spied a golden opportunity to become the first Chilean bank to buy a US counterpart.

The Central Bank of Chile has unveiled its August 2026 Payments Systems Report, introducing a comprehensive regulatory development agenda that will reshape digital payments infrastructure and establish new frameworks for stablecoin regulation. The announcement signals significant changes ahead for financial institutions and Fintech companies as the Central Bank moves to strengthen instant payment systems...

Norton Rose Fulbright and Winston & Strawn LLP in New York and Carey in Santiago have advised American General Life Insurance Company and other foreign institutional investors...