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COVID-19 Task Force


Legal Services | Chile

tel: +56 2 2928 2200 | fax: +56 2 2928 2228
Isidora Goyenechea 2800, Floor 43, Las Condes. | Santiago | 755-0647 | Chile

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Oscar Aitken

Oscar AitkenPartner

  • Corporate Immigration
  • Infrastructure and Project Development

Jaime Carey

Jaime CareyManaging Partner

  • Tax Law
  • Mergers and Acquisitions

Pablo Iacobelli

Pablo IacobelliPartner

  • Mergers and Acquisitions
  • Private Equity

Diego Peralta

Diego PeraltaPartner

  • Capital Markets
  • Banking and Finance

Paulina Silva

Paulina SilvaCounsel

  • Data Protection
  • Intellectual Property

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Financial Market Commission Issues Regulation Regarding the Treatment of Provisions and Information Requirements for Covid-19 Loans
Carey, May 2020

These provisions will apply until October 31th, 2021. The Financial Market Commission (CMF) reports that its Council approved on April 30th, 2020 a regulation (Circular No. 2,252), containing provisions for banks with regard to Covid-19 loans from the Guarantee Fund for Small and Medium-Sized Companies (FOGAPE). The regulation addresses the following issues: exceptional measures for the treatment of provisions for credit in installments of the commercial portfolio; classification of debtors and calculation of delinquency; establishment of control procedures for the eligibility conditions of debtors; use of funds and; submission of periodic information to the CMF...

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Subsecretary of Fishing and Aquaculture Extends Plantation Terms and Provides Recommendations to Operate
Carey, May 2020

In the context of COVID-19, the Undersecretary of Fishing and Aquaculture (Subpesca) issued Resolution No. 1068 (Res. 1068), which provides the extension in a month, of the terms for sanitary rests and harvest regulated in articles 23 Ñ and 23 R of Supreme Decree No. 319/2001, Sanitary Regulation for Aquaculture, in all farming centers. Recommendations In addition, by means of Res...

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New Temporary Measures Implemented by the National Institute of Industrial Property (CLPTO) due to National Pandemic Contingency for COVID-19
Carey, May 2020

On April 30, 2020, the CLPTO announced the temporary application of new measures issued in relation to deadlines, procedures and legal requirements in administrative and contentious processes, with the aim of facilitating the compliance of legal obligations by applicants and users. Previously, the CLPTO had granted ex officio, through the Exempt Resolution No. 314, an extension of the deadlines that expired until April 30, related to administrative registration procedures of industrial property rights, for a period equivalent to half the extended term...

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Operation of Chilean Courts of Law Due to COVID-19
Carey, April 2020

Due to the health emergency triggered by COVID-19, various measures that affect the normal operation of the courts of law, have been decreed and adopted by each of the Courts: The Chilean Supreme Court has issued various instructions, all of which may be checked at https://www.pjud.cl/noticias-emergencia-sanitaria, underscoring, among others: Favoring teleworking for judges, court officials and attorneys-at-law. Suspending customer service. Reducing working hours, offering criteria to suspend hearings and court errands. Regulating reviews of causes and urgent matters for the different courtrooms...

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SERNAC's New Interpretative Circular on Safeguarding the Health of Consumers and Alternative Measures for Compliance, Suspension and Extinction of Benefits, in the Face of the Coronavirus Pandemic
Carey, April 2020

In April 2020, the National Consumer Service (SERNAC) published the "Interpretative Circular on Safeguarding Consumer health and alternative measures for compliance, suspension and extinction of benefits in the Face of the coronavirus pandemic (Covid-19). The Service seeks to safeguard the protection of the consumer’s health and to specify such protection in a set of duties and alternative compliance measures, necessary to maintain an adequate level of protection of consumer rights. Based on the provisions of Law No...

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