The Chile Financial Market Commission (CMF) issued an investor alert stating that SUNFLOWER, operating via the sunflower dot cl website, is not registered with the CMF and is not legally authorised to provide services regulated under the Fintech Act (Law No. 21,521). The CMF noted that this prevents it from exercising supervisory or sanctioning powers over the entity or handling related complaints. The CMF urged investors to verify whether a firm is registered in Chile and identify responsible managers via the CMF website, and to check online sources for complaints or negative feedback regarding the firm, its directors, and the products offered. It also pointed the public to the CMF’s Fraud Alerts Page, which allows users to confirm whether an entity is supervised by the CMF and to view alerts issued by the CMF and foreign regulators about unregulated entities or activities.
Chile Financial Market Commission 2025-07-08
Chile Financial Market Commission warns SUNFLOWER is not registered or authorised to provide Fintech Act regulated services
The Chile Financial Market Commission (CMF) issued an alert warning that SUNFLOWER, operating via the sunflower.cl website, is not registered or authorised under the Fintech Act (Law No. 21,521). The CMF cannot supervise or sanction the entity or handle complaints. Investors are advised to verify firm registration and check for complaints or negative feedback via the CMF website and Fraud Alerts Page.