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About CMF (Comision para el Mercado Financiero)
Chile's integrated financial regulator, created in 2017 by merging the former Superintendencia de Valores y Seguros (SVS) and the Superintendencia de Bancos e Instituciones Financieras (SBIF). Headquartered in Santiago, the CMF supervises banks, insurance companies, securities markets, AFP pension funds, and fintech entities. The legal division handles regulatory enforcement, administrative sanctions, policy development under the Ley del Mercado de Valores (Ley 18.045), and Basel III implementation for Chile's banking sector.
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