The Association of Banks and the FinteChile union have reported that a Framework Agreement has been signed for data capture, thus taking the first step in what is the first concrete advance for Open Banking in Chile. Javier Edwards General aspects This Master Agreement (“MA”), which has also been signed by Banco Estado, establishes: Accountability...
Since April of this year, the CMF has held an accelerated agenda of meetings with different representatives of key agents of the financial and securities markets, to address issues related to the legal and regulatory regulation of Fintech. Matias Edwards Merino In the context of such meetings, various matters have been discussed in terms of...
Loan Agreements and other financial instruments are of vital importance for the correct development and growth of corporations and their projects. Benjamín Schmitz B. Definition and Content Financing and refinancing are key activities in the strategy of every company. To carry on their projects and achieve their goals, they search for financial aid granted by...
According to recent data provided by the European Union Agency for Police Cooperation (Europol), during the year 2021, the use of so-called cryptocurrencies, for the purpose of money laundering, has increased by 30%. Javier Edwards In our country, where crime and activities associated with drug trafficking have skyrocketed, this is an issue that should be...
In a globalized world with high mobility, Chile has faced a significant wave of immigration in recent years, positioning itself as the second country in the region with the highest percentage of migrant population (according to IOM figures). This situation (among others) prompted the State to reform the Immigration Law, in force since 1975, to...
The project that reforms the current Weapons Law is getting closer to becoming law of the Republic, but it is valid to ask: Is this reform really the solution to our problems? and is it really the answer that citizens are looking for to feel safer? Roberto Spencer U. – Florencia Giusti C. In...
Main considerations on the new law No 21.394, regarding the amendments to the Civil Procedure Code: presentation, analysis of its contents and opinions on the matter. Víctor Riadi I. The pandemic generated by the Covid-19 (Coronavirus) has put the justice system of our country to the test in different areas, forcing our procedural legislation to...
The concept of smart contracts arose before or independently from the blockchain technology, as one with the ability to adapt to new scenarios by the very effect of its flexible clauses. Today, to this formula that emerged from the traditional theory of unpredictability and the technological and economic concepts of Nick Scabo and two Noble...
For some time now, investment in Alternative Assets continues to grow as an important investment alternative por Pension Funds. In order to continue improving the profitability of these funds, the Superintendencia de Pensiones has set out for consultation a draft to amendmend the Investment Regime (“Regime”) that mainly addresses this type of assets. Felipe Díaz...
In a globalized world with high capital mobility, it is essential that, together with properly financial and tax controls, there are those that ensure the transparency of the origin of funds, in order to avoid money laundering, financing of terrorist activities, proliferation of weapons of mass destruction and the financing of other illicit activities. Javier...
