New draft bills enter Congressional debate to expand spectrum of criminal offenses prosecutable against bodies corporate

Incitement to physical violence based on discrimination and environmental damage are the draft bills that expand the spectrum of offenses to be made part of the law that makes entities criminally liable. On July 19, 2017, the President of the Republic sent the Chamber of Deputies a draft bill introducing a new offense, i.e. incitement […]

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Directive providing for mandatory identification of ultimate beneficiary owner of companies comes into force

Directive 57 of the Financial Analysis Unit requires companies to file a statement allowing for the identification of their beneficiaries. On September 11, 2017, Directive 57 of the Financial Analysis Unit came into force, requiring certain persons governed by Law 19913 to identify, verify and record data on the ultimate beneficiary owners of bodies corporate […]

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Matías Balmaceda and Juan Ignacio Piña: “The law wants to stigmatize doing business with crooked companies”

Law firm chosen for top spot in the Compliance ranking by Chambers & Partners, provides legal advice in the application of Law 20393, which makes corporations criminally liable for certain offenses.  Your firm was chosen as the number-one legal boutique in Compliance together with Deloitte & Touche in the Chambers & Partners ranking. Balmaceda Cox […]

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