The Court of Appeals is analyzing the case. A decision against insurers could discourage people from using life insurance vehicles for savings, and push more clients to mutual funds.
Asset managers anxious as banking regulator is absorbed by Financial Market Commission
May 31, 2019 by
Given their strong dependence on the banking system, the Chilean asset management industry is on edge over future compliance requirements that the CMF may impose.
Menu of voluntary-retirement products likely to expand with derivatives ruling
October 1, 2018 by
Before the easing of rules by Chile's Financial Market Commission, fund managers (AGFs) had been unable to launch a retirement-share-class for any fund whose investment policy allowed the use of derivatives for speculative purposes.