Chile
Regulatory framework
Introduction
Chile, like other countries in its vicinity, also embraces provisions on money laundering prevention and terrorism financing within its regulatory framework.
Among these, the fundamental regulation will be the Law 19913, which establishes the Financial Intelligence Unit and modifies various provisions on asset laundering.Financial Intelligence Unit
Chile also has within its institutional structure the figure of the Financial Intelligence Unit. The Financial Analysis Unit is a decentralized public service, with legal personality and its own patrimony; it is based on the prevention regulation to carry out its functions in throughout the territory of Chile.
Links of interest:
Obligated subjects
The legal framework of Chile regarding the prevention of money laundering and terrorist financing establishes certain individuals and entities as obliged subjects depending on the activity they carry out.
Among these subjects, financial entities and banks, insurance companies, professional sports organizations or crowdfunding services stand out.
Links of interest:
> PEPs
Introduction
The regulatory framework for politically exposed persons in Chile is provided by prevention laws and the Circulars of development issued by the Financial Intelligence Unit.
Links of interest:
Definition of PEP
The Chilean regulations define the following positions as politically exposed persons:
- President of the Republic.
- State Ministers and Undersecretaries.
- Senators and deputies.
- Ministers of the Supreme Court, of the Courts of Appeals, of the Constitutional Court, of the Free Competition Court, and of the Public Procurement Court.
- Intendents, governors and regional ministerial secretaries.
- Mayors.
- Ambassadors.
- Commanders in Chief of the Armed Forces.
- General Director of Carabineros.
- General Director of Investigations.
- National Prosecutor of the Public Ministry.
- Regional Prosecutors of the Public Ministry.
- Comptroller General of the Republic.
- Councillors of the Central Bank of Chile.
- Councillors of the Public Senior Management Council.
- Directors and main executives of public companies.
- Members of the boards of political parties.
Links of interest:
Duration of PEPs
When politically exposed persons have ceased to perform their duties, the obligated subjects will continue to apply the measures provided for this type of clients for a minimum period of twelve months.
Links of interest:
Included lists
PEPs
- Web del Portal de Transparencia de República de Chile
- Web de la Subsecretaría de DEsarrollo Regional y Administrativo de la República de Chile
- Web del Ministerio del Interior y Seguridad Pública de la República de Chile
- Web de la Subsecretaría de Desarrollo Regional y Administrativo de la República de Chile
- Web del Ministerio de Asuntos Exteriores de la República de Chile
- Web del Gobierno de la República de Chile
- Web de la Biblioteca del Congreso Nacional de Chile
- Web del Senado de la República de Chile
- Web de la Cámara de Diputados de la República de Chile
- Web del Consejo de Alta Dirección Pública
- Web del Consejo de Defensa del Estado de la República de Chile
- Web del Tribunal Constitucional de la República de Chile
- Web del Poder Judicial de la República de Chile
- Web de la Fiscalía de la República de Chile
- Web del Tribunal de la Libre Competencia de la República de Chile
- Web del Tribunal de Contratación Pública de la República de Chile
- Web de la Contraloría General de la República de Chile
- Web del Banco Central de la República de Chile
- Web de la Fuerza Aérea de la República de Chile
- Web del Ejército de la República de Chile
- Web de las Fuerzas Armadas de la República de Chile
- Web de la Policía de Investigación de la República de Chile