Draft law regulating artificial intelligence systems
Corporate Area / Capital Markets
On 15 April 2024, the Financial Market Commission (CMF) published for consultation the regulations governing the Open Finance System of the so-called Fintec Law (Law No. 21.521). The proposed regulation is available for comments until 15 May 2024.
Framework Law on Cybersecurity and Critical Information Infrastructure published
The law establishes cybersecurity requirements, a new institutional framework and a new infringement regime.
Legal Alert - Mining and Natural Resources
On 26 March 2024, and within the framework of the objectives of the National Lithium Strategy, the Lithium and Salt Flats Committee established the categories that will govern the exploration and exploitation of salt flats in Chile.
Enactment of the Framework Law on Cybersecurity and Critical Information Infrastructure
Con fecha 26 de marzo de 2024, el Presidente de la República promulgó la Ley Marco sobre Ciberseguridad e Infraestructura Crítica de la Información. Por lo tanto, queda pendiente que la ley sea publicada en el Diario Oficial. La ley establece diversos cambios y novedades en materia de ciberseguridad. A continuación, se enuncian algunos de […]
TDLC imposes first fine for providing false information in a merger
The Tribunal de Defensa de la Libre Competencia ("TDLC"), imposed a fine of CLP 2,332,548,000 (approx. USD 2,382,000) on Disney for providing false information in the context of a merger notification.
On 13 February 2024, Law No. 21.656 was published in the Official Gazette and came into force, incorporating an article 8 bis to Law No. 21.258, the National Cancer Law, in order to enshrine the right to oncological oblivion.
El artículo 8 bis recién incorporado establece que una vez transcurridos 5 años desde la conclusión del tratamiento de una enfermedad oncológica, sin que haya habido recaída posterior: Se establece además la nulidad de cláusulas que contemplen la renuncia a los derechos contenidos en este artículo 8bis, estableciendo denuncias y acciones destinadas a sancionar a […]
General Rule No. 505 is issued, which establishes information on corporate groups to be provided by certain entities supervised by the Financial Market Commission.
On 12 February 2024, the Financial Market Commission ("CMF") issued General Rule No. 505 ("NCG 505"), establishing the information to be provided with respect to the corporate group to which certain entities belong.
Modification of the SEIA Regulation
Amendment to Decree No. 40 of 2012, Regulation of the Environmental Impact Assessment System (RSEIA).
The Financial Market Commission has issued General Rule No. 502 regulating the registration, authorisation and obligations of financial service providers under Law No. 21.521 (Fintech Law).
