The Chile Financial Market Commission issued Circular Letter No. 2,368 amending requirements on the prevention of asset laundering, terrorism financing and proliferation financing for CMF-supervised banks, non-banking payment card issuers and savings and credit cooperatives. The changes are intended to align CMF rules with the definitions and requirements in the Financial Analysis Unit’s Circular Letter No. 62. The circular updates Chapters 1-7, 1-13, 1-14 and 1-16 of the Updated Compilation of Banking Regulations and amends Circular Letter No. 1 for non-banking payment card issuers and Circular Letter No. 123 for savings and credit cooperatives. The amendments were shared in advance with the Financial Analysis Unit (UAF) under the institutions’ cooperation agreement, and the CMF published the revised regulation and a Regulatory Report explaining the rationale on its website.
Chile Financial Market Commission 2026-02-02
Chile Financial Market Commission amends AML and proliferation-financing rules for banks, payment card issuers and cooperatives
The Chile Financial Market Commission issued Circular Letter No. 2,368, amending asset laundering, terrorism financing, and proliferation financing prevention requirements for CMF-supervised entities. The changes align CMF rules with the Financial Analysis Unit's Circular Letter No. 62 and update several chapters of the Updated Compilation of Banking Regulations. Amendments were coordinated with the Financial Analysis Unit and published on the CMF website.