Specific situations
Specific situations

[Last updated: 1 January 2024, unless otherwise noted]

Whether registered in the Foreign Securities Registry maintained by the CMF or exempted from registration based on the above mentioned collaboration agreements, foreign securities may only be offered to the general public in Chile when they fulfil all of the following requirements:

  • The issuer of the securities is subject to the supervision of the securities or banking regulator of the original market or of the markets where such securities are traded.
  • The regulator of the original market or of the markets where the foreign securities are traded is an IOSCO member.
  • The information provided by the issuer to the regulator of the original market or of the markets where the foreign securities are traded is in Spanish or English.
  • The foreign securities must be able to be publicly offered in the jurisdictions named in the document as "Mercados Reconocidos" (Recognized Markets) issued by the CMF.
  • As long as the securities are registered in Chile, all the conditions that according to the regulations of the original market or of the markets where the foreign securities are traded allow such foreign securities to be publicly offered in those markets, shall remain standing.
  • The financial statements of the issuer must be audited.