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By Ignacio Gillmore, Cristina Busquets, Alejandra Del Río
On July 26th, 2017, Exempt Resolution No. 860 which "Approves Technical Standard No. 191 on Nutritional Guidelines for Healthy Claims on Foodstuff Products" was published on the Official Gazette.
By Originally published by Latin Lawyer
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.
By Originally published by Latin Lawyer
Gibson, Dunn & Crutcher LLP in New York and Chilean firm Carey have helped a consortium led by Japanese trading company Sojitz Corporation obtain financing for a solar project in northern Chile.
By Originally published by Latin Lawyer
Milbank, Tweed Hadley & McCloy LLP in New York and Chile's Morales & Besa have helped Chilean retailer Cencosud issue notes worth US$1 billion.
By Originally published by Latin Lawyer
Argentina's Estudio Beccar Varela has helped Austrian wood panels company Egger acquire assets from counterpart company Masisa. Masisa, which is headquartered in Chile...
By Originally published by Latin Lawyer
Chilean trout and salmon producer Cultivos Yadrán extended the term of a US$49.2 million loan.
By Juan Pablo Stitchkin, Javiera Avilés
On Friday July 28, 2017, the Chilean State, through the Ministry of Public Works, published a call for tenders for the International Public Bid Process of the "Concesión Embalse Las Palmas" Project...
By Rafael Vergara, Francisco Corona, Maximiliano Urrutia
By means of Decree No. 104, published in the Official Gazette on May 25, 2017, the Ministry of Mining passed the Regulations on the Delivery of General Information Obtained from Basic Geological Exploration Works (the "Regulations"), which contain the definitions, terms, conditions and proceedings to comply with the obligation to deliver to the National Service of Geology and Mining ("Sernageomin") general information regarding to basic geological exploration works.
By Marcos Ríos, Álvaro Carreño, Nicolás Allamand, Maximiliano Portales
Reporting Entities now must identify, independently verify and record supporting evidence as to their clients' (legal entities) ultimate beneficial ownership.
By Marcos Ríos, Álvaro Carreño, Nicolás Allamand, Maximiliano Portales
On June 12, 2017, the Chilean Financial Analysis Unit issued the General Instruction No. 57 imposing on Reporting Entities additional AML/CTF Know Your Customer controls.
By Francisco Ugarte, Juan Mackenna, Felipe Moro
Bids will be received by the Opening Commission on November 23, 2017, at 12:00 hrs.
By Luciano Aguilera, Reiner Baack
Associates Luciano Aguilera and Reiner Baack refer to the main changes experienced by the Chilean capital markets system in Auscham Magazine.
By Diego Peralta, Diego Lasagna
Law No 20,950, which authorizes the issuance of prepaid cards by non-banking entities, granted the Chilean Central Bank (the "Central Bank") the authority to issue certain necessary regulations...
By Francisco Ugarte, Héctor Hernández
Said amendments would allow investing in non-liquid assets that are not frequently traded in the formal markets.
By Oscar Aitken, Francisco Arce, Marietta Romo
On June 15, 2017, Law No. 21,015 was published in the Official Gazette, introducing new regulations on labor inclusion of the disabled, especially in new articles 157 bis and 157 ter of the Labor Code....
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