Chile's Financial Market Commission (CMF) filed charges with the Public Prosecutor's Office against those responsible for disclosing background information and activities from the CMF Investigation Unit’s sanctioning procedure concerning the Structured Capital I investment fund, managed by Larraín Vial Activos Administradora General de Fondos. Although the CMF Board had made the existence of the sanctioning procedure public on 21 October 2024, it reiterated that the Investigation Unit’s gathered information and the formal statement of charges remained confidential. Under the CMF Act (Decree with Force of Law No. 3,538), sanctioning procedures are reserved and participants must not disclose information obtained during the process, with breaches treated as a criminal offence punishable by a fine of 6 to 10 monthly tax units and minimum- to medium-degree imprisonment; the CMF cited a press article published on 8 January 2025 describing presentations made during the procedure. The Public Prosecutor's Office will investigate and clarify the reported facts. This is the CMF’s third complaint linked to the same sanctioning procedure, following earlier filings on 25 October and 27 December 2024.

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