ANNOUNCEMENT 07 Oct 2010

In October 2010, the government of Chile announced altered domestic business conditions for foreign investors.

NUMBER OF INTERVENTIONS

1

  • 0 harmful
  • 0 neutral
  • 1 liberalising

SOURCE



Circular Bancos No. 3.509 (in Spanish), http://www.sbif.cl/sbifweb/internet/archivos/norma_9617_1.pdf
UNCTAD report (in English), http://unctad.org/en/Docs/webdiaeia20112_en.pdf


Inception date: 07 Oct 2010 | Removal date: open ended
Still in force

FDI: Treatment and operations, nes

On 7 October 2010, the Chilean banking regulator (Superintendencia de Bancos e Instituciones Financieras de Chile) published Circular No. 3.509 of 2010 allowing foreign-owned banks to carry advertisement activities, especially with regards to their credit conditions. Such activities were prohibited before.

AFFECTED SECTORS

 
N/A

AFFECTED PRODUCTS

 
N/A