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CMF Fine to Two Banks for Crediting Persons in the Maintenance Debtor Register

Summary by BioBioChile
The Commission for the Financial Market (CMF) issued fines to Banco Santander Chile and Banco de Chile for breaches of Law 14,908, by granting loans to persons listed in the National Register of Food Pension Debtors (the so-called ‘heart daddy’). That legal body states that financial institutions -such as the ... Continue reading “CMF fined two banks for giving credit to persons in the register of maintenance debtors” The post CMF fined two bank…

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The Commission for the Financial Market (CMF) issued fines to Banco Santander Chile and Banco de Chile for breaches of Law 14,908, by granting loans to persons listed in the National Register of Food Pension Debtors (the so-called ‘heart daddy’). That legal body states that financial institutions -such as the ... Continue reading “CMF fined two banks for giving credit to persons in the register of maintenance debtors” The post CMF fined two bank…

·Concepción, Chile
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The regulatory body sanctioned Banco Santander and Banco de Chile for failing to retain credit funds to pay maintenance debts.

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BioBioChile broke the news in Concepción, Chile on Monday, August 31, 2026.
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