September 30, 2024 - The Board of the Financial Market Commission (CMF) sanctioned two banks and two savings and credit cooperatives due to granting loans to applicants enrolled in the National Registry of Alimony Payment Debtors (RNDPA, for its Spanish acronym) while not complying with Law No. 14,908 on Family Abandonment and Alimony Payments.

Law No. 14,908 states banks must consult the RNDPA when granting loans and withhold up to 50 percent of the money in case applicants appear in the Registry as debtors to settle pending alimonies. The sanctioned financial institutions did not fulfill this obligation.

Sanctions applied by the Commission are as follows:

• Banco Falabella: UF 513.48 (Exempt Resolution No. 8,842).
• Banco Consorcio: UF 153.72 (Exempt Resolution No. 8,787).
• Cooperativa de Ahorro, Crédito y Servicios Financieros Ahorrocoop Diego Portales Limitada: UF 138.28 (Exempt Resolution No. 8,845).
• Cooperativa de Ahorro y Crédito El Detallista Limitada: UF 298.94 (Exempt Resolution No. 8,788).