Regulatory Alerts2017-11-03
Resolution of the General Superintendence for Prudential Compliance No. 091-2017
The General Superintendence for Prudential Compliance archives the administrative sanctioning proceeding against Larraín Vial Sociedad Agente de Bolsa S.A. because the brokerage firm did not commit a minor infraction under Annex X, section 3, subsection 3.14 of the Sanctions Regulation. The ruling formally terminates regulatory scrutiny and exempts the entity from penalties or corrective actions. This decision clarifies the application of minor infractions within the existing sanctions framework.
Resolution of the General Superintendence for Prudential Compliance No. 091-2017 November 3, 2017 The administrative sanctioning proceeding against Larraín Vial Sociedad Agente de Bolsa S.A. is archived due to the absence of a minor infraction as defined in Annex X, section 3, subsection 3.14 of the Sanctions Regulation.
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