Fintech Law Chile

Chilean Fintech Law - Open Finance

ActiveOpen FinanceLatin America
Chile • Regulated by Comisión para el Mercado Financiero (CMF)
📅
Effective Date
Feb 2023
Full Compliance
Feb 2026
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Regulator
Comisión para el Mercado Financiero
CMF
📊
Scope Areas
3

Overview

Chile's Fintech Law includes Open Finance provisions creating a Sistema de Finanzas Abiertas (Open Finance System). Phased implementation over 4 years covering banking, insurance, and capital markets.

Note: Comprehensive framework with phased rollout. Strong consumer protection focus.

Jurisdiction

Chile
View Open Banking providers and TPPs in Chile

Scope & Coverage

This regulation covers the following areas and services:

BankingInsuranceSecurities

Key Requirements

API standardization
Phased implementation
CMF licensing
Consumer protection

Timeline

Effective Since
February 4, 2023
Full Compliance Deadline
February 1, 2026

Official Resources

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