Chile

CL · CHL · Americas

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

Obligation	Timing	Regulator	Arises from	Source
All industries
Adopt a crime prevention model to avoid corporate criminal liability	Ongoing	—	Ley N° 20.393, que establece la responsabilidad penal de las personas jurídicas en los delitos que indica	source
Art. 3 makes a legal person liable for listed offences where it lacked an effectively implemented prevention model. Art. 4 says an adequate model identifies risk activities, sets prevention protocols with secure reporting channels and internal sanctions, appoints a responsible person with autonomy and resources, and provides for periodic evaluation by independent third parties.
Report significant cyber incidents to the national CSIRT	Deadline Early alert within 3 hours; update within 72 hours; final report within 15 calendar days	ANCI	—	source
Art. 9 requires an early alert within 3 hours of learning of an incident with significant impact, an update within 72 hours (24 hours where an essential service of an operator of vital importance is affected) and a final report within 15 calendar days of the early alert. Operators of vital importance must also file an action plan within 7 calendar days (Art. 9). Banking and financial services are among the essential services (Arts. 4 to 6).
Banking
Appoint an AML compliance officer and keep a prevention manual	Ongoing; prevention manual updated at least every two years	UAF	Circular N° 62 de la UAF, que imparte instrucciones de carácter general a las personas señaladas en el artículo 3, inciso primero, de la Ley N° 19.913	official
Ley 19.913 Art. 3 requires each reporting entity to designate an official responsible for dealing with the UAF. Circular 62, Section B (b.1 to b.6), sets the compliance officer's standing, who must hold a high-responsibility role such as area or division manager (b.2), with a lighter option for small entities (b.3). Section J requires a prevention manual approved by the highest management body (j.3) and updated at least every two years (j.2).
Customer due diligence (KYC)	At onboarding + ongoing; client records updated at least annually or on relevant change	UAF	Circular N° 62 de la UAF, que imparte instrucciones de carácter general a las personas señaladas en el artículo 3, inciso primero, de la Ley N° 19.913	official
Circular 62, Section F (f.1 to f.12), sets out due diligence on customers. Client records must be updated at least annually or when relevant changes occur (f.2); enhanced measures apply to high-risk cases and simplified measures to low-risk ones (f.8 to f.12). Ley 19.913 itself does not describe due diligence procedures.
File cash transaction reports with the UAF	Frequency Monthly, quarterly or semiannual by sector (Annex N° 1)	UAF	Circular N° 62 de la UAF, que imparte instrucciones de carácter general a las personas señaladas en el artículo 3, inciso primero, de la Ley N° 19.913	official
Ley 19.913 Art. 5 has reporting entities inform the UAF of cash transactions above US$10,000 or its peso equivalent. Circular 62, Section D (d.1, d.3), sets the frequency by sector in Annex N° 1 and requires a negative report when there were none.
Keep AML records for at least five years	Retention period 5 years minimum	UAF	Ley N° 19.913, que crea la Unidad de Análisis Financiero y modifica diversas disposiciones en materia de lavado y blanqueo de activos	source
Ley 19.913 Art. 5 requires special records to be kept for a minimum of five years. Circular 62, Section E (e.2), counts the five years from the end of the business relationship or the last occasional transaction, and Section C (c.8) applies five years to records of analysed suspicious-operation cases.
Report suspicious operations to the UAF	Deadline As soon as possible after the suspicion arises (circular, c.4); immediately for UN Security Council list matches (c.11)	UAF	Ley N° 19.913, que crea la Unidad de Análisis Financiero y modifica diversas disposiciones en materia de lavado y blanqueo de activos	source
Ley 19.913 Art. 3 requires reporting entities to report suspicious operations, defined as unusual operations or ones with no apparent economic or legal justification, or involving a person on a UN Security Council sanctions list; the statute sets no filing deadline. Circular 62, Section C, says to report 'en el menor tiempo posible' (c.4) and, for matches with UN Security Council lists, 'de inmediato' (c.11).
No obligations match these filters.