After the cybersecurity incidents that affected the financial industry in Chile, the Superintendence of Banks and Financial Institutions (“SBIF”) modified Chapters 20-8 and 1-13 of the RAN (SBIF’s Updated Regulation Compilation) last August 31, with the purpose of having access to more and better information about incidents, and raising the security standards of the financial…

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A bill that substantially amends the Data Protection Act No. 19,628 is currently being reviewed and processed in the Senate. The Senate Constitution Committee consolidated into one single text two bills amending the data protection act: the Motion submitted by Senators Harboe, Araya, De Urresti, Espina and Larraín, along with the Message from the former…

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On Monday, March 13, 2017, the Chilean President sent a bill (the “Bill”) to the Senate that significantly amends law No. 19,628 on Protection of Private Life. The Bill seeks, among other things, to increase protection of privacy in order to fulfill international standards in matters of personal data processing, to meet the guidelines of…

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