On July 13, the Senate Finance Committee approved the Executive bill updating the Chilean regulatory framework aimed at regulating financial market operations. The bill is expected to be treated by the Chamber in the short term. 

The initiative seeks to establish an automatic registration system for debt securities in the Securities Registry kept by the Financial Market Commission (CMF) for certain issuers. 

It also proposes incorporating the possibility that Pension Funds may invest in unregistered debt securities, increasing the range within which the Chilean Central Bank could establish limits for Pension Funds investing in alternative assets.