21 results found

Chile's Carey has acted as deal counsel for a US$40 million bond issuance by Chilean factoring company Incofin.

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.

Uría Menéndez in Madrid and its sister firm Philippi Prietocarrizosa & Uría (Chile) has helped Spanish insurer Mutua Madrileña Automovilista buy a stake in the insurance businesses of Chilean bank Banco de Credito e Inversiones.

On February 12, 2019, the Chilean Commission for the Financial Market ("Comisión para el Mercado Financiero" o "CMF") issued General Rule No. 431 ("NCG 431), regarding the deadlines for reporting of quarterly and annual reports and financial statements for the following entities.

On January 15, 2018, after a history of more than 37 years, the Superintendence of Securities and Insurance ceased to exist.

The importance of this article resides in the quick enforcement mechanism that was contained there, which solely required a judicial notice to the debtor and a seven days' notice for the execution of the pledge.

In Chile gibt es drei Rechtsformen, die für die Gründung eines Unternehmens durch Ausländer in Frage kommen: Die Gesellschaft mit beschränkter Haftung, die Aktiengesellschaft und die Kapitalgesellschaft.

The London, Madrid, Stockholm and Luxembourg offices of Ashurst LLP and Chile's Claro & Cía have helped Spain's Abertis Infraestructuras take full control of a concession to run Chile's busiest toll road.

On July 27, 2016, the SVS issued the general rule 410 ("NCG 410"), which supplements the list of entities that qualify as "institutional investors" according to article 4(e) of the LMV N°18,045.

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.

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")...

The "Law to Boost Productivity", was published in the Official Gazette, introducing various modifications to different laws and regulations in order to enhance the country's productivity...

In Chile werden die Rahmenbedingungen für Auslandsinvestitionen über das Gesetz Nr. 20.848 geregelt. Mit Blick auf dieses Gesetz ist es sinnvoll die Möglichkeiten eines ausländischen Investors, um in Chile zu investieren, aus rechtlicher Sicht zu erörtern.

Cleary Gottlieb Steen & Hamilton LLP in New York and Careyhave helped the world's largest copper producer, Corporación Nacional del Cobre de Chile (Codelco), issue bonds worth US$2.75 billion.

The second stage of the reorganisation of Enel's Latin American assets has been concluded, which sees Chilectra Américas and Endesa Américas merge into Enersis Américas.

Carey has helped Chilean salmon farmer Nova Austral issue bonds worth US$300 million on the Norwegian stock market. Nova Austral also hired Norway's Advokatfirmaet Thommessen, Arendt & Medernach in Luxembourg and Spanish firm Uría Menéndez for the issuance. Placement agents were Pareto Securities, DNB and Arctic Securities. Nordic Trustee led the agents and hired Norwegian firm Schjødt and Cariola, Díez, Pérez-Cotapos & Cía in Chile.

The Chilean Government has introduced a comprehensive Capital Markets and Home Financing Reform Bill that fundamentally restructures the regulatory framework for fund management companies, including new capital requirements, the creation of investment manager roles, and enhanced operational flexibility. The proposed legislation also introduces significant tax amendments for investment fund units and establishes new mechanisms for housing finance through FONAVI funds.