The Chile Financial Market Commission (CMF) granted Tenpo Bank Chile its Operating Authorisation after verifying it meets the applicable regulatory requirements, completing the bank’s licensing process. The Operating Authorisation represents the third and final stage required under the current framework and follows the earlier grant of Existence Authorisation. Under Article 31 of the General Banking Act, Tenpo Bank Chile has one year to begin its activities.
Chile Financial Market Commission 2026-01-19
Chile Financial Market Commission grants operating authorisation to Tenpo Bank Chile completing its banking licence process
The Chile Financial Market Commission granted Tenpo Bank Chile its Operating Authorisation, completing the bank's licensing process. This represents the final stage under the current framework, following the earlier Existence Authorisation. Under Article 31 of the General Banking Act, Tenpo Bank Chile has one year to commence operations.