33 results found

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...

The Financial Market Commission has issued new regulations strengthening consent management requirements for Chile's Consolidated Debt Registry, introducing enhanced traceability, preservation, and notification standards. The amendments establish stricter protocols for how financial entities must handle debtor authorizations when accessing credit information, including mandatory notifications, unique tracking codes, and improved revocation mechanisms.

Chile's Financial Market Commission has launched the ATENA Technology Sandbox, a secure testing infrastructure enabling financial institutions to prepare for participation in the country's Open Finance System. The sandbox allows institutions to test technical developments, verify compliance with OFS standards, and conduct interoperability testing ahead of the system's scheduled July 2027 operational launch.

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.

Pursuant to Law 20.940 (the "Labor Reform") which has entered into full force as of April 1st, 2017, employers have the obligation to periodically deliver certain documents to unions, which varies...

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.

Chile's Public Health Institute has issued new requirements mandating pharmaceutical companies to submit digitized versions of their Professional Information Leaflets for publication on the ISP website. Marketing authorization holders must comply with specific formatting and submission procedures by December 31, 2026, or face potential administrative proceedings and sanctions.

As the Commission for the Financial Market came into full force this January, the regulation of the Chilean financial market took a step forward in terms of institutionalism and modernization.

Chile's Personal Data Protection Agency has published a new regulation establishing comprehensive requirements for data infringement prevention models, including mandatory compliance programs, Data Protection Officer appointments, and certification procedures. The regulation introduces a three-year certification system that offers controllers potential mitigation of sanctions while setting forth detailed supervision and enforcement mechanisms.

Chile's Public Health Institute has opened a public consultation on updated guidance for its National Technovigilance System, establishing comprehensive post-market surveillance requirements for medical devices and in vitro diagnostics. The framework introduces stringent obligations for manufacturers, importers, and distributors, including mandatory technovigilance officer appointments, incident reporting timelines, and field safety corrective action protocols.

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.

El Instituto de Salud Pública de Chile publicó material informativo para facilitar la implementación del Decreto Exento N°25/2026, que incorpora dispositivos médicos y de diagnóstico in vitro al régimen de control sanitario. El documento incluye una matriz organizativa por categorías, ejemplos de productos dentro y fuera del alcance normativo, y especificaciones sobre clases de riesgo y plazos de vigencia.

La Comisión para el Mercado Financiero de Chile lanza ATENA, un sandbox tecnológico que permitirá a las instituciones financieras probar sus desarrollos e integraciones en un ambiente controlado. Esta infraestructura representa un avance crucial en la preparación para el Sistema de Finanzas Abiertas establecido por la Ley Fintech, con operación prevista para julio de 2027.

Chile has been named one of the least complex nations in South America for multinational companies to stay compliant with corporate regulation and legislation.

Chile's Financial Market Commission has proposed a comprehensive regulatory framework that would allow banks to develop internal methodologies for calculating credit risk provisions and capital requirements, marking a significant step toward Basel III alignment. The proposal introduces a tiered system distinguishing between basic and advanced methodologies while establishing clearer authorization processes and updating the country's provisioning model. Banks would face a gradual implementation timeline exte

Chile is one of Latin America's wealthiest, most stable and competitive countries but when it comes to starting a business there are many regulatory and bureaucratic challenges.

On February 23, 2017, Law N°21,000 (the "Law") was published in the Official Gazette of Chile, creating the Commission for the Financial Market (the "Commission")...

During 2014, Law No. 20,727, stipulated the mandatory use of the electronic invoices for Chilean companies, along with other electronic tax documents such as invoice settlements...