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Ministry Of Economy Publishes New Regulation On Credit Card Consumer Information
Chile's Ministry of Economy has published a new regulation replacing the 2012 framework for credit card consumer information, introducing mandatory templates, enhanced disclosure requirements, and digital payment interface standards. The regulation aims to improve financial transparency and consumer understanding while requiring issuers to adapt their systems and documentation by February 2028.
Chile Consumer
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Carey
Article
Ministerio de Economía publica nuevo reglamento sobre información al consumidor de tarjetas de crédito
Chile's Ministry of Economy has published a new regulation replacing the 2012 decree on credit card consumer information. The regulation introduces mandatory formats for disclosure documents, enhanced digital payment interfaces, and stricter requirements for promotional communications, fundamentally changing how credit card issuers must present financial information to consumers.
Chile Consumer
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Carey
Article
ISP Launches Public Consultation On The National Technovigilance System Guidance
Chile's Public Health Institute has opened a public consultation on updated guidance for its National Technovigilance System, establishing comprehensive post-market surveillance requirements for medical devices and in vitro diagnostics. The framework introduces stringent obligations for manufacturers, importers, and distributors, including mandatory technovigilance officer appointments, incident reporting timelines, and field safety corrective action protocols.
Chile Consumer
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Carey
Article
CMF Opens Public Consultation On A Proposal To Expand The Complementary Activities Of Payment Card Operators
Chile's Financial Market Commission has proposed regulatory amendments that would significantly expand the scope of activities available to payment card operators, introducing new services such as payment initiation, electronic funds transfer systems, and payout services to affiliated merchants. The proposal aims to leverage operators' technological capabilities while establishing clear conditions and safeguards for these complementary activities within the Chilean payments ecosystem.
Chile Finance
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