Chile: Finance and Banking

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?

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.

Chile's Financial Market Commission has proposed a comprehensive regulatory framework that would allow banks to develop internal methodologies for calculating credit risk provisions and capital requirements, marking a significant step toward Basel III alignment. The proposal introduces a tiered system distinguishing between basic and advanced methodologies while establishing clearer authorization processes and updating the country's provisioning model. Banks would face a gradual implementation timeline exte