April 14, 2025 - After a public consultation process, the Financial Market Commission (CMF) issued the regulations governing technical suitability and capacity to designate interventors for securities intermediaries and certain financial services providers pursuant to Law No. 21,521 (Fintech Act). Said regulations set forth necessary the necessary criteria to determine that designated interventors have the appropriate experience and knowledge to carry out their functions.
The regulations issued are:
- Establishes suitability and technical capability requirements to designate interventors or provisional administrators for securities intermediaries and commodity exchange brokers.
- Establishes suitability and technical capability requirements to designate interventors for parties providing intermediation and/or custody of financial instruments under Title II of the Fintech Act.
These regulations become effective as of their date of issuance.
