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

This article briefly describes some of the issues Chilean banks and financial supervisory authorities are facing with regard to the implementation of new capital requirements set forth by Basel III.

With the incorporation of the CMF, the figure of a Superintendent is eliminated, being replaced by a Council, composed of 4 commissioners and a president.

This article briefly describes some of the issues Chilean banks and financial supervisory authorities are facing with regard to the implementation of new capital requirements set forth by Basel III.

La Comisión para el Mercado Financiero de Chile ha iniciado una consulta pública sobre una propuesta normativa que establece un marco regulatorio integral para metodologías internas en el cálculo de provisiones...