On January 27, 2018, five years after being presented before the National Congress, Law 21,064 that "Introduces modifications to the regulatory framework that rules water on inspection and sanctions matters", was enacted and published in the Official Gazette (Bulletin 8149-09) (the Law).

According to the Chilean Banks and Financial Institutions Association

The sprawling cross-border deal, which closed on 1 November, involved some 51 jurisdictions. CMS Cameron McKenna Nabarro Olswang LLP' London office and Paul, Weiss, Rifkind...

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.

Law No 20.590 (the "Law"), that authorizes the issuance and operation of pre-funded payment methods or any other similar system (the "Prepaid Cards"), by non-banking entities, when these systems involve that the issuer or the operator regularly engages in monetary obligations with the general public or to specific sectors or groups thereof, was published and came in force on October 29, 2016.

Law No. 21,121 (the "Law"), which came into force on November 20, 2018, amends the Criminal Code, Law No. 20,393 on Criminal Liability of Legal Entities ...

The principal power sources in the jurisdiction are thermoelectric generation (56.8%), followed by conventional hydroelectric power (29.9%) and nonconventional renewable energies (NCRE) (13.3%).

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.

Decree N°13 is the long awaited regulation of Law N°20,606 on the Nutritional Composition of Foodstuff and its Advertisement.

A new law that creates an in rem right of conservation over real estate has been published in the Official Gazette on June 25, 2016 (the "Law of IRRC").

Hoy miércoles 1 de junio se publicó en el Diario Oficial la Ley N° 20.920, Ley Marco para la Gestión de Residuos, la Responsabilidad Extendida del Productor y Fomento al Reciclaje ("la Ley").

Chile's Ministry of Economy has published a new regulation replacing the 2012 decree on credit card consumer information. The regulation introduces mandatory formats for disclosure documents, enhanced digital payment interfaces, and stricter requirements for promotional communications, fundamentally changing how credit card issuers must present financial information to consumers.

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...

Con la nueva versión de los Juegos Olímpicos que partieron en Río el viernes pasado, es importante recordar las recomendaciones realizadas por el Comité Organizador de Río 2016...

Like most Latin American countries (and other emerging markets), the corporate structure in Chile presents high ownership concentration characterized by the presence of family-owned conglomerates.

The first communication to SBIF, the occurrence of an operational incident, must be made within a maximum period of 30 minutes.

The government recently announced that a bill will be submitted to Congress to modify the Chilean Data Privacy Law N° 19,628 ("DPL").

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 September 13th, 2018, a significant modification to Law No. 19,496 Consumer Protection Act ("CPA") was enacted through its publication in the Official Gazette.

Davis, Polk & Wardwell LLP in Paris and New York; Baker McKenzie LLP in London; and Trench, Rossi e Watanabe Advogados in São Paulo have helped French water treatment company Suez acquire...