CHL CMF New Communication Channel

Published on: Jul 30, 2024

On Jul. 25, CHL CMF established a new communication channel.

  • CMF publishes Regulation 516 re new communication channel with those supervised.
  • The regulation create CMF Supervisa, which from May 1 of 2025 will be the new channel for receiving and sending information between CMF and the audited entities.
  • Highlights
  • This channel includes a new access through the CMF website, which will initially keep the applications and modules for filing information currently used by those supervised.
  • Currently, there are two channels for receiving and sending information for persons and entities subject to the supervision of the CMF: the SEIL system and Extranet.
  • Online Information Submission System (SEIL) is used by entities in the securities and insurance market; and Extranet used mainly by banks and financial institutions.
  • It replaces the SEIL and the access interface to the various modules of the Extranet.
  • The regulations establish a single channel for sending information to CHL CMF.
  • The objectives is to facilitate compliance with information reporting requirements.
  • Effectiveness
  • Regulations in new Resolution 6731 will come into force on May 1, 2025.
Regulators
CHL CMF
Entity Types
B/D; Bank; IA; Inv Co
Reference
PR, Reg 516, Info, 7/25/2024;
Functions
Advertising; Compliance; Legal; Registration/Licensing; Reporting
Countries
Chile
Category
State
N/A
Products
Banking; Fund Mgt; Mutual Funds; Securities
Rule Type
Final
Regions
Am
Rule Date
Jul 25, 2024
Effective Date
May 25, 2025
Rule ID
220826
Linked to
N/A
Reg. Last Update
Jul 25, 2024
Report Section
International