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New Rules of CAM Santiago Enter into Force
Carey, April 2021

On April 1st, 2021, the Domestic Arbitration New Rules (“ New Rules ”) of the Arbitration and Mediation Center of Santiago's Chamber of Commerce (“ CAM Santiago ”) came into force...

Chile Announces Stricter Quarantine Measures due to New Wave of Covid-19
Carey, April 2021

The Chilean Ministry of Health, through a press conference, announced on Thursday, April 1 st , that the following measures will be implemented as of Monday April 5 th : The country's borders will be closed during the mont

INAPI Issues New Filing and Payment Instructions for Renewal of Trademarks
Carey, March 2021

On March 17th, 2021, through the publication of General Ruling No. 96/2021 in the Official Gazette, the National Institute of Industrial Property (“INAPI”) provided new instructions in relation to the filing and payment of renewal applications of trademark registrations in Chile, applying the regulations set forth in the Trademark Law Treaty (“TLT”), which was ratified by Chile and is in force since 2012. By virtue of General Ruling No...

FMC Opens Public Consultation Process Regarding Two Amendments to its Regulation on Financial System Debtors
Carey, March 2021

On March 18, 2021, the Financial Market Commission (“FMC”) opened a public consultation process regarding 2 regulations: Amendment to the files that configure the report of financial system debtors The proposed regulatory changes, applicable to banks, supervised cooperatives and bank support companies (sociedades de apoyo al giro), aim to reduce the frequency of the delivery of the files D10 (Information on debtors article 14 LGB (General Banking Act)) and D27 (Obligations

Government Announces a Social Protection Network Strengthening
Carey, March 2021

On March 22, 2021, through a televised address, the President of the Republic announced the strengthening and extension of the Social Protection Network, destined to mitigate the adverse effects caused by the restrictions due to the COVID-19. These measures are based on 5 pillars: • Greater protection to the families’ incomes. • Strengthening of the middle-class support. • Greater job protection...

New Regulation on Conditions for the Treatment and Disposal of Wastes from Aquaculture Activities
Carey, March 2021

On March 16, 2021, Decree No. 64 / 2020 of the Ministry of Economy, Development and Tourism, was published in the Official Gazette, approving the Regulation that establishes conditions for the treatment and final disposal of wastes from aquaculture activities (the "Regulation")...

Modifications to Instructions for the Obtention of Permits for Movement
Carey, March 2021

A new version of the Instructions for the obtention of permits for movement within zones under quarantines or restrictive measures is in force as of March 15. The most relevant amendments to the former version are the following: Regarding the “Temporary Individual Permit for traveling to polling stations”, a new “permit for voting in the national, regional or local elections” is created...

SERNAC Modifies Interpretative Circular Regarding the Notification of Breaches to Financial Portability Regulation
Carey, March 2021

On March 11th, 2021, the National Consumer Service (hereinafter “ SERNAC ”) published a new interpretative circular which sets rules for the notification of breaches regarding financial portability and other monitoring data (the “ Circular ”). The Circular revokes SERNAC's Exempt Resolution No...

Decree that Sets Goals and Obligations to Plastic Containers and Packaging in Chile is Published
Carey, March 2021

On March 16, 2021, Supreme Decree No. 12/2020 of the Ministry of the Environment was published in the Official Gazzette, setting forth collection and recovery goals and other associated obligations related to containers and packaging, in the context of Law 20,920, on Extended Producer Responsibility ...

Government Announces Extension of Labor Benefits Implemented Due to the Covid-19 Pandemic
Carey, March 2021

On March 8th, 2021, the government announced that, due to the current status of the Covid-19 pandemic in Chile, it was decided to extend the enforcement of the benefits and entitlements of the employment protection law, protected parenting law and law that temporarily amends the requirements to access to the unemployment insurance. Additionally, the coverage and amounts of the benefits of the Employment Subsidy will be increased...

Plenary of the Court of Appeals of Santiago Agrees on Instructions for the Use of Technological Tools in Notarial Functions
Carey, March 2021

On February 23, 2021, the Plenary of the Court of Appeals of Santiago agreed to establish a regulation that favors the use of telematic systems and information technology in the various functions performed by notaries, providing instructions for: The use of advanced electronic signature (FEA) by the notary publics (notarios públicos). The authorization of signatures stamped on private instruments, by telematic means...

Citizen Consultation Process on Amendment to the Regulations on Tailings Dams
Carey, March 2021

On March 4, 2021, Exempt Resolution No. 625 of the Ministry of Mining (“Res. No. 625”) was published in the Official Gazette. Res. No. 265 sets forth a citizen consultation process on the proposal to amend Supreme Decree No. 248 of 2007, which approved the Regulations on the Approval of Projects of Design, Construction, Operation and Closure of Tailings Dams (the “Regulations”)...

Commission for the Financial Market Issues Regulation which Exempts Certain Public Offerings of Securities of the Obligation of Registration
Carey, February 2021

In accordance with the provisions of paragraphs 2 and 3 of article 4 of Law No...

Supply Tender 2021/01: New Public Tender for the Supply of Energy and Power to Supply the Consumption for Regulated Clients is Launched
Carey, February 2021

Regarding the Public Tender Process for the supply of energy and power to distribution companies that will take place this year (“2021/01 Tender Process”), please consider the following: On December 21, 2020, the National Energy Commission (CNE) approved the definitive Tender Rules for this process (the "Rules"), by means of the Exempt Resolution No. 478...

New Regulation on Classification and Labeling of Hazardous Substances
Carey, February 2021

On February 9, 2021, Supreme Decree No. 57/2019 of the Ministry of Health, which approves the Regulation on Classification, Labeling and Notification of Hazardous Chemical Substances and Mixtures (the "Regulation"), was published in the Official Gazette...

Law No. 21,312 Extends Benefits of the Employment Protection Act
Carey, February 2021

On February 15th, 2020, Law No.21,312 (hereinafter, the “Law”) was published in the Official Gazette, which extends the enforcement of the benefits and entitlements established in Title I of law No.21,227 (“Employment Protection Act”) and in Law No.21,263 (that temporarily amends the requirements to access and increases the amounts of the benefits of the unemployment insurance) and grants new provisions with charge to the unemployment mutual aid fund...

CMF publishes “Fintech Law” Proposal
Carey, February 2021

On February 9, the Commission for the Financial Market ("CMF") published a proposal for the bill known as “Fintech Law”, the new regulation that intends to establish a legal framework applicable to Fintech companies in Chile, which until now have been characterized by operating without a specific regulation. The CMF’s proposal establishes a regulatory perimeter for certain types of Fintech companies and, also, in turn places them under the CMF's oversight...

Regulation of the Law 21,299, That Rules Postponement of Mortgage Loans, Comes into Force
Carey, February 2021

On February 6, 2021, the Ministry of Treasury’s Decree, that established the regulation of the Law 21,299 , on mortgage loan postponements, was published in the Official Gazette (the “Regulation”)...

Regulation on the Voluntary Procedure for the Protection of Collective and Diffuse Interests of Consumers was Approved by the Ministry of Economy
Carey, February 2021

Executive Summary On February 5th, 2021, the Ministry of Economy published the final version of the Regulation on Voluntary Procedures, which is processed before the National Consumer Service, for the protection of collective or diffuse interests of consumers...

Tires: Decree that Sets Forth Goals and Obligations Associated to the EPR Law is Published in the Official Gazette
Carey, January 2021

On January 20, 2021, Supreme Decree No. 8/2019 of the Ministry of the Environment was published in the Official Gazette, setting forth collection and valorization goals and other associated obligations for tires in order to prevent the generation of such wastes and to promote their reuse, recycling or other types of recovery, in the context of Law 20,920 on Extended Producer Responsibility. Regulated object: tires This decree is applicable to tires introduced into the market...

Chilean National Geology and Mining Service Updates Closure Plans and Audit Programs for 2021
Carey, January 2021

The National Geology and Mining Service (the "SNGM") has issued exempt resolution No. 69/2021 (the "Resolution"), which establishes the program of updates and periodical audits of closure plans to which the companies listed there must comply within the 2021 calendar year. Closure Plans Law No...

Benefits of the Employment Protection Law and the Law that makes the Requirements for Access to Unemployment Insurance more Flexible are Extended
Carey, January 2021

On December 4 th , 2020, Supreme Decree No. 2,097 of the Ministry of Finance (hereinafter, the “ Decree ”) was published in the Official Gazette, which extends the enforcement of the benefits established in titles I and II of law No.21,227 (“ Employment Protection Act ”) and in law No...

Law 21,299: Regulates Postponement Loans of Mortgage Loans and Sets State Guaranty to Guarantee Them
Carey, January 2021

On January 4, 2021, law No. 21, 299, which allows the postponement of mortgage loans installments and sets a state guaranty to guarantee the so postponed installments was published in the Official Gazette (the “New Law”)...

New Sanitary Measures taken by Chilean Government for Travelers that Enter from Abroad
Carey, December 2020

Given the detection of the first case in Chile of the new Covid-19 variant, on December 30 th , 2020 the Exempt Resolution No...

Law No. 21,283 Readjusts the Amount of Minimum Monthly Income
Carey, November 2020

On November 7 th , 2020, Law No. 21.283 was published in the Official Gazette, Which readjusts the amount of the minimum monthly income, the maternal family and assignment and the family allowance. This Law will be retroactively in force since September 1 st , 2020...

 

 

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