Chile Looks to Better Accommodate Foreigners

Chile Looks to Better Accommodate Foreigners

Chile

Chile’s SVS has proposed legislation to “modernize” requirements for foreign issuers, the regulator says. Under the proposal, foreigners would be exempt from registering securities already registered in their home markets, provided investors have access to adequate information on the securities and the issuer. The proposed regulation would also allow foreign issuers that are not subject to regulatory oversight in their home markets to register securities in Chile, provided they fulfill Chilean r

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