LATIN AMERICA | FINANCIAL SERVICES

CMF (Chile)

The Comisión Para El Mercado Financiero (CMF) is responsible for safeguarding the functioning, development, and stability of financial markets in Chile, facilitating the participation of market agents, and promoting the protection of public trust.

Google Cloud’s contracts for financial institutions in Chile help address the CMF requirements. We have also created mappings for both Google Cloud and Google Workspace to help you understand how we can support you with meeting the CMF requirements and assess Google Cloud as an outsourced service provider. Google Cloud is committed to addressing these requirements regardless of how financial institutions choose to use our services.

CMF Compliance Offerings

Learn more about the key laws, regulations, and guidelines prescribed by the CMF.

Chapter 20-7 (Outsourcing of Services)

Learn more about Chapter 20-7 (Outsourcing of Services) of the Updated Compilation of Rules for Banks and how Google Cloud can help support your CMF compliance efforts.

Chapter 20-7 (Outsourcing of Services) of the Updated Compilation of Rules for Banks sets out the CMF’s expectations when banking institutions contract with external service providers to perform one or more operational activities that could also be performed internally by the institution with its own resources. Chapter 20-7 provides specific guidance on business continuity, security, audit and due diligence.