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.
Chile Financial Market Commission 2025-03-28
Chile Financial Market Commission publishes 2025–2026 regulatory plan spanning prudential, conduct and market development reforms
Chile's Financial Market Commission has released its Regulatory Plan for 2025-2026, focusing on prudential regulation, market conduct, and development. Key initiatives include technical annexes for the Open Finance System, regulations for the Consolidated Debt Registry, and the Financial Resilience Act. The plan also addresses Pillar 2 regulation for banks, credit card payment rules, parametric insurance, liquidity requirements, and conduct standards.