Aggregated News From Investment Management Regulators

The Financial Market Commission continues to monitor possible impacts on securities, insurance, and banking markets


Please complete the required fields.

October 21, 2019.- The Financial Market Commission (CMF) is closely monitoring the effects that incidents in the country may have on the normal functioning of the financial system under its supervision.

The Commission has been in permanent contact with banks, insurance companies, fund managers, stock exchanges, and other market infrastructure entities, as well as other regulators and authorities, to coordinate any action necessary to ensure the proper activity of the market.

Financial institutions have implemented the contingency protocols established for these situations and have notified the Commission according to regulations.

As for the functioning of the banking system, all institutions have been required to adopt the necessary precautions and safeguards to ensure normal operation of their branches, ATMs, and electronic platforms.

Furthermore, they were instructed to duly inform their clients about the operation of banking branches, including those who were unable to operate normally due to force majeure.

Said entities have reported to this Commission that their main electronic payment systems, such as debit cards, credit cards, and electronic transfers, are operating normally.

Stock market entities and other financial markets also reported that they operated normally today.

The CMF will continue to work in full coordination with the Ministry of Finance, the Central Bank, other regulators, and the relevant authorities. It will do everything in its powers to ensure the proper functioning of the financial system and the capital market.

Source link

Regulator Information

Recent Articles

SEC Charges TradeZero America and Co-Founder with Deceiving Customers about Meme Stock Trading Halts

The Securities and Exchange Commission today charged broker-dealer TradeZero America Inc.

Richard R. Best Named Director of Division of Examinations

The Securities and Exchange Commission today announced the appointment of Richard R. Best as Director of the Division of Examinations, effective immediately.

Pension Drawdown Advisory Centre

We believe this firm may be providing financial services or products in the UK without our authorisation. Find out why you should be wary...

Publication of financial reports: Federal Office of Justice imposes disciplinary fine on SLEEPZ AG

On 29 March 2022, the Federal Office of Justice (Bundesamt für Justiz – BfJ) imposed a disciplinary fine amounting to 50,000 euros on SLEEPZ AG.

24*7 Cash Line Finance / 247 Cashline Finance / 247 Cashline Loan (Clone of FCA authorised firm)

Fraudsters are using the details of firms we authorise to try to convince people that they work for a genuine, authorised firm. Find out...

Get the latest from Regulatory.News in your inbox!