Act 1989
Ley N° 18.840, Ley Orgánica Constitucional del Banco Central de Chile
Issued by Banco Central de Chile
Plain-English summary
Makes the Central Bank an autonomous body of constitutional rank with a technical character (Art. 1). Sets its objective as the stability of the currency and the normal functioning of internal and external payments (Art. 3), and gives it rule-making powers over money, credit, foreign exchange and payment systems (Art. 35). Promulgated 4 October 1989 and published 10 October 1989.
Who it applies to
Banking · Payments & Fintech
Topics
Prudential & Capital Payments & Fintech / Digital Assets
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