/ Noticias: New Regulations
Date September 11, 2023
Practice area Capital Markets and Insurance
Proposed Operational Risk Management Standard for Clearing and Settlement System Administrators, Securities Depository and Custody Companies, Stock Exchanges, Commodity Exchanges, Securities Intermediaries, Commodity Exchange Brokers and Registered Fund Managers (AGFs)
On August 8, 2023, the Financial Market Commission of Chile (“CMF”) published for comment a General Applicability Rule (“NCG”) that aims to update the Operational Risk Management framework for Clearing […]
Date September 11, 2023
Practice area Capital Markets and Insurance
CMF Consultation: New Governance Regulations and Risks for financial entities in Chile
On August 8, 2023, the Financial Market Commission of Chile (“CMF”) submitted the following for consultation: (i) a General Applicability Rule (“NCG”) which aims to establish a Corporate Governance and […]
Date August 30, 2023
Practice area Compliance
New Regulation Empowers Consumers: Creditworthiness Assessment and Consumer Information
On August 3, 2023, the Creditworthiness Assessment Regulation was published. Discover how the regulation transforms credit operations and protects consumer rights, as established in the Pro Consumer Act. Maria […]
Date August 23, 2023
Practice area Banking and finance Capital Markets and Insurance
Guidelines for a Financial Conglomerates Law
The CMF proposes legal changes to adequately regulate financial conglomerates in Chile, following international standards and recommendations from the International Monetary Fund. This includes supervision, corporate governance requirements and adequate […]
Date August 7, 2023
Practice area Compliance Litigation and Arbitration
New Law on Economic Crimes, criminal liability for the acts of others?
The Law that has just been enacted changes, makes it more flexible and, at the same time, raises the standard for companies to be exempted from criminal liability. Luis Fuentes […]
Date July 17, 2023
Practice area Compliance Trademarks, Advertising Regulation and Unfair Competition Intellectual Property
New Regulation of the Alcohol Law: More Regulation on Labeling and Advertising of Alcoholic Beverages
Almost two years after the enactment of the Alcohol Law, on July 7, 2023, the Ministry of the Interior and Public Safety published the regulations, which regulate the provisions of […]
Date May 24, 2023
Practice area Labor, Social Security and Inmigration Technology, Cybersecurity and Data Protection
Uber Law: Learn about New Requirements for Transportation Apps
Given the entry into force of Law 21,533, it is necessary to take into account the new demands and requirements applicable to companies such as Uber, Cabify and their drivers. […]
Date May 23, 2023
Practice area Technology, Cybersecurity and Data Protection
Data protection bill is sent to the Senate
The bill that regulates the protection of personal data passed to the third constitutional stage. We detail the main changes underwent by Bulletin 11,144-07. Jaime Urzúa Associate Attorney Alessandri Abogados […]
Date February 1, 2023
Practice area Corporate Consulting Banking and finance
On-going reporting obligations: CMF enforcement actions against 13 private fund managers
With these sanctions, the Financial Market Commission gives the message to comply with reporting obligations, no matter how trivial they are. Felipe von Unger V. Associate Felipe Cousiño P. Partner […]
Date January 24, 2023
Practice area Corporate Consulting Banking and finance
Fintech Law: New Rules Under Consultation
Investment consulting services will be the first to be regulated as part of the new licensing system in Chile. Felipe Cousiño Partner Felipe von Unger Associate Attorney Alessandri Abogados […]