The Board of the Chile Financial Market Commission sanctioned two private investment fund managers for breaching ongoing disclosure duties by failing to submit quarterly financial information on their managed funds within the required timeframe, contrary to instructions in General Rule No. 475. Administradora Zeus Capital S.A. was fined UF 250 and Hedge Consultores S.A. was fined UF 70. The quarterly submissions are intended to keep the CMF’s data on private investment funds up to date, including information on fund participants and each fund’s assets and liabilities.
Chile Financial Market Commission 2025-09-24
Chile Financial Market Commission fines two private investment fund managers for late quarterly reporting under General Rule No. 475
The Chile Financial Market Commission sanctioned Administradora Zeus Capital S.A. and Hedge Consultores S.A. for failing to submit quarterly financial information on time, violating General Rule No. 475. Zeus Capital was fined UF 250, while Hedge Consultores received a UF 70 fine. These submissions are crucial for maintaining updated data on private investment funds.