Chile's Financial Market Commission (CMF) has published its Board-approved Regulatory Plan for 2025 and 2026, setting out planned rulemaking projects across prudential regulation, market conduct and market development. The plan is framed around refining existing financial sector rules, advancing recommendations from international institutions and implementing requirements stemming from legal amendments. Key initiatives listed include issuing technical annexes for the Open Finance System, developing regulations to implement the Consolidated Debt Registry and implementing the Financial Resilience Act. The plan also covers work to refine Pillar 2 regulation for banks, introduce rules on minimum credit card payments, set requirements for parametric insurance and liquidity, and establish conduct standards for banks, insurance companies and general fund managers in their relationships with clients.