The Chile Financial Market Commission (CMF) has published its first 2024 Financial Education Activities Report, compiling aggregated information on financial education initiatives carried out by CMF-supervised banks, savings and credit cooperatives, support companies of banking activities, and non-banking payment card issuers. Drawing on annual reporting required under CMF Circular Letters issued in 2017 setting financial education guidelines as a code of good practices, the report reviews activities delivered between 2020 and 2024 by characteristics, target audiences and topics. Initiatives were mainly aimed at adults, young people, entrepreneurs and immigrants and covered savings and investments, responsible indebtedness, planning and budgets, and financial products. While the volume and distribution of activities remained relatively stable across entity types, the report identifies gaps in financial capacities reflected in recent surveys, assesses whether activities align with areas and groups of greatest need and comply with CMF guidelines, and flags significant breaches that warrant special attention. The CMF sets out recommendations to increase reach and inclusion by prioritising underserved groups such as women and elderly citizens, to place greater emphasis on savings and financial resilience through planning and building economic buffers, and to strengthen digital financial education focused on digital literacy and safety as digital financial services expand.

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