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Recent amendments to the Civil Procedure Rules in the British Virgin Islands have introduced a clearer procedural framework for determining whether trust and estate proceedings should be heard publicly or privately. This development marks a significant shift in BVI trust and estate practice, particularly given the jurisdiction's historical approach to confidentiality in such sensitive matters.

In an article for STEP Journal, Alex Hall Taylor KC and Tyrone Bailey examine how recent amendments to the Civil Procedure Rules in the British Virgin Islands shape whether trust and estate proceedings...

Due to the devastating impact of Hurricane Irma on the Territory of the Virgin Islands and the resultant damage/destruction of the High Court buildings coupled with disruption of essential services...

The role of trustee, while undoubtedly interesting and rewarding, can also be a hugely onerous one in that it attracts a range of risks and gives rise to problems that cannot always be easily...

On July 5th, 2018, the Chilean Constitutional Court ruled on the official request from the President of the Republic asking the court to settle the controversy ...

On January 26th, 2016, Law N°20,894 was published in the Official Gazette. This law postpones enforcement of the mandate that would require independent employees to pay social security contributions.

Given the high number of comments and proposals received to the bills that will amend the Investment Regimes of Pension Funds and Unemployment Fund (collectively, the "Funds...

Juan Francisco Mackenna participó en el webinar "Qué expectativas de futuro existen en el mercado de ERNC en Chile", organizado por CIREC Week.

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 Central Bank of Chile has posted for comments a draft regulation for the settlement of derivative contracts entered into under any of the Master Agreements approved thereby, should certain events affecting the solvency of one of the parties thereto occur.

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.

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

In the Onerous Use Concession Agreements ("CUO") entered into with the Ministry of National Assets ("MNA"), there is an obligation to annually submit to the latter a "sworn statement of use"...

The extension of fiber optic networks to the south of Chile also represents progress towards interconnection with the Antarctic continent.

We are pleased to announce that the Chilean Immigration Department has created a new visa: Temporary Visa for Labor purposes

On April 24th, 2018, the National Institute of Industrial Property (INAPI) issued a new Announcement (hereinafter, the "Announcement") related to the registration process for Industrial Designs ...