CHILE: Superintendencia de Valores (SVS) Approves a CCLV`s Regulation and gives green light to the Central Counterparty for the derivatives market

Monday February 24 2014

It has been reported that the Chilean Securities and Insurance Supervisor approved modifications to the regulation of the CCLV Central Counterparty S.A. to incorporate clearing and settlement of derivative instruments to the Central Counterparty’s System. The approval was also endorsed by the Chilean Central Bank.

The Santiago Stock Exchange and CCLV Central Counterparty are awaiting SVS approval of the Regulation of the Futures Market of the Santiago Stock Exchange to establish the beginning of the Futures Market.

This information will be updated as soon as further information becomes available.