CMF deja sin efecto modificaciones al Capítulo 12-12 de la Recopilación Actualizada de Normas

This means the prior version of the chapter remains in force. For compliance teams, the key implication is that any preparations or implementations based on the annulled amendments should be reversed. If your institution had not yet adopted the changes, no action is required beyond monitoring.

The CMF has not indicated whether replacement amendments will be issued, so firms should stay alert for further guidance. Business impact is moderate: leasing documentation, accounting treatment, and capital calculations may need to be checked against the current effective rules. Risk of non-compliance arises if annulled provisions were already embedded in policies or systems.

Conversely, the annulment reduces short-term compliance costs and restores regulatory certainty. Recommended actions: confirm the status of your implementation, update internal policies and controls, brief relevant teams, and maintain a watching brief on CMF communications. Small, medium, and large banks and leasing entities are affected, though the operational burden will be greatest for firms with active leasing portfolios.

No specific deadlines were provided, so the urgency is low, but documentation of your assessment is prudent.