• The amendments, which apply to banks, non-banking payment card issuers, and savings and credit cooperatives supervised by the CMF, aim to maintain consistency with the definitions and requirements set forth in Circular Letter No. 62 of the Financial Analysis Unit.

February 2, 2026 - The Financial Market Commission (CMF) issued today Circular Letter No. 2,368, which amends regulations applicable to banks, non-banking payment card issuers, and savings and credit cooperatives supervised by the CMF. It covers different aspects on the prevention of asset laundering, financing of terrorism, and proliferation of weapons of mass destruction (FT/LA/FP). Said amendments aim to maintain consistency with the definitions and requirements set forth in Circular Letter No. 62 of the Financial Analysis Unit (UAF, for its Spanish acronym).

By virtue of the Cooperation Agreement between both institutions, amendments introduced by Circular Letter No. 2,368 were previously shared with the UAF. Chapters 1-7, 1-13, 1-14 and 1-16 of the Updated Compilation of Banking Regulations; Circular Letter No. 1 on Non-Banking Payment Card Issuers; and Circular Letter No. 123 on Savings and Credit Cooperatives are amended by this regulation.

Interested parties can check the CMF website to review the new regulation in detail. The Commission also makes available a Regulatory Report with the rationale for these amendments.