The Chile Financial Market Commission amended Circular Letter No. 2,364 to delay by six months, until December 26, 2026, the entry into force of changes issued on June 19, 2025 to the rules banning banks from granting loans to directors, authorized representatives and related parties, citing the regulatory cost of implementation.
Chile Financial Market Commission2026-06-15
Chile Financial Market Commission postpones bank related party loan rule changes until December 26, 2026
The Chile Financial Market Commission delayed until December 26, 2026 the effective date of changes to bank lending restrictions for directors, authorized representatives and related parties. It cited the regulatory cost of implementing the measure.