Back to Chile

Chile

CL · CHL · Americas

5 regulators · 12 laws & regulations · 7 obligations · 26 enforcement actions

Act 1997

Decreto con Fuerza de Ley N° 3 de 1997, Ministerio de Hacienda, que fija el texto refundido, sistematizado y concordado de la Ley General de Bancos y de otros cuerpos legales que se indican (consolidated text of the General Banking Law)

Issued by Comisión para el Mercado Financiero

Plain-English summary

Consolidated text of the General Banking Law, the organic law of the banking supervisor and other laws governing banks and financial companies. Title I covers the CMF's special powers over banks, Title II the formation of banking companies (Arts. 27 to 39) and Title III bank administration (Arts. 40 to 49 bis). Promulgated 26 November 1997 and published 19 December 1997.

Who it applies to

Banking

Topics

Prudential & Capital

Official source

Latest news