The Chile Financial Market Commission has issued a regulation establishing the Information Systems Manual for Funds (ISMF), setting out the form, frequency and channels for information that general fund managers and their funds must submit for supervisory purposes. The package also amends General Rule No. 365 by requiring a file of key variables from each fund’s internal regulations whenever a new internal rulebook or an amendment is deposited. The requirements apply to fund managers regulated under Titles I and II of Law No. 20,712 and introduce seven periodic regulatory files, reported via the CMF’s official communication means with supervised entities. The ISMF files (Funds 01 to Funds 07) cover portfolios for non-derivative instruments and derivatives, expenses and effective remuneration (including non-aggregated detail for mutual funds and redeemable investment funds), assets, liabilities and equity, participant characterisation, and equity decreases for non-redeemable investment funds. Sections II and III of General Rule No. 365 are updated with new instructions on depositing internal rulebooks, with the variables file required to follow the format and content specified in the rule’s Technical Sheet.

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