meta_id 3452105

On August 31, 2026, Chile's Financial Markets Commission (CMF) announced that its Council sanctioned two banks for granting credit to individuals registered in the National Registry of Alimony Payment Debtors without complying with Law No. 14,908 on Family Abandonment and Alimony Payment. Law No. 14,908 requires financial institutions to consult the National Registry of Alimony Payment Debtors when granting credit. If an applicant is registered as an alimony debtor, the institution must retain up to 50 percent of the granted credit and allocate it toward payment of outstanding alimony obligations. The CMF determined that both banks failed to comply with these retention requirements. The CMF imposed the following sanctions based on the amounts not retained: Banco Santander-Chile received a fine of UF 2,656.46 under Resolution No. 8942, while Banco de Chile received a fine of UF 238.14 under Resolution No. 8941. These enforcement actions demonstrate the CMF's commitment to ensuring that financial institutions comply with family support obligations and protect vulnerable populations dependent on alimony payments. The sanctions reflect the CMF's role in supervising compliance with applicable financial regulations and consumer protection requirements across Chile's banking sector.