Fintech Law Chile

Chilean Fintech Law - Open Finance

ActiveOpen FinanceLatin America
🌍
Jurisdiction
Chile
📅
Effective Date
2023
Feb 4, 2023
Full Compliance
2026
Feb 1, 2026
🏛️
Regulator
Comisión para el Mercado Financiero

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.

Scope & Coverage

BankingInsuranceSecurities

Key Requirements

1
API standardization
2
Phased implementation
3
CMF licensing
4
Consumer protection

Key Notes

Comprehensive framework with phased rollout. Strong consumer protection focus.

Official Resources

Related Regulations

Other open banking frameworks in Latin America:

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