Custody of pension investments: key legal and regulatory aspects

In the latest edition of The Legal Industry Reviews – Chile, our Of Counsel, José Ignacio Torres Iriarte, and Associate, Francisca Jil Díaz, analyze the challenges faced by Pension Fund Administrators (AFP) and Unemployment Fund Administrators (AFC) when investing in foreign alternative assets (AAE), under the framework of Decree Law No. 3,500 and Law No.19,728.

The article addresses:

• The obligation to register AAE with authorized foreign custodians.
• The legal responsibility of AFPs/AFCs for outsourced functions.
• The new investment conditions established by the Central Bank of Chile, CMF, and Superintendence of Pensions for the 2025–2026 period.

At EDN Abogados, we advise our clients on the structuring and regulatory compliance of this type of investment, with a strategic, technical, and up-to-date approach.

‍

📖 Read the full article here: https://lnkd.in/dt8M6bbK

‍