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In forceBanks (national)Last checked 13 November 2026

Pillar 3 public disclosure, market discipline and transparency (Cap. 21-20)

A regulatory return listed by the Comision para el Mercado Financiero (Commission for the Financial Market) (CMF), Chile.

Chile's version of the Basel Committee's Pillar 3 disclosure standard, complementing the Pillar 1 and 2 requirements. Banks must publish a document giving the market and users of the information a better basis for assessing each bank's risk profile, capital position and capital structure, at both local and global consolidated level, in a single format. Source

Official title: Disciplina de Mercado y Transparencia

The facts

Who files
All banks incorporated in Chile and branches of foreign banks operating in the local market, at both local consolidated and global consolidated level, whether or not the disclosed information is audited. Source
How often
The Pillar 3 document is published quarterly. Each quarterly publication updates whichever tables and forms fall due on their own cycle: quarterly items every quarter; semi-annual items added in the second and fourth quarters; annual items added only in the fourth quarter, alongside the bank's annual financial statements. Source
Deadline
No more than 15 days after the bank publishes its statement of financial position for the same period; for the fourth-quarter publication, no more than 15 days after its annual financial statements are published. Source
Format
PDF, Other. Published by the bank itself, as a standalone document or as part of its interim financial statements. Each table or form has a "fixed" format (set out exactly in the chapter's annex) or a "flexible" format (the bank's own wording, within the chapter's disclosure requirements). Source
How it is filed
The format above is what the library records; what could not be verified is on the CMF's page.
Status
In force
Legal basis
Group
Banks (national)

Templates (54)

The tables and forms inside the return. Plain name first, the CMF's code in brackets.

  • Key metrics (KM1)
  • Bank's approach to risk management (OVA)
  • Overview of risk-weighted assets (OV1)
  • Explanation of differences between accounting and regulatory exposure amounts (LIA)
  • Differences between the accounting and regulatory scopes of consolidation, mapped to regulatory risk categories (LI1)
  • Main sources of differences between regulatory exposure amounts and carrying values in the financial statements (LI2)
  • Main features of regulatory capital instruments (CCA)
  • Composition of regulatory capital (CC1)
  • Reconciliation of regulatory capital to the balance sheet (CC2)
  • Summary comparison of accounting assets against the leverage ratio exposure measure (LR1)
  • Leverage ratio common disclosure template (LR2)
  • Liquidity risk management (LIQA)
  • Liquidity coverage ratio (LCR) (LIQ1)
  • Net stable funding ratio (NSFR) (LIQ2)
  • General qualitative information on credit risk (CRA)
  • Credit quality of assets (CR1)
Show all 54 templates
  • Changes in the stock of defaulted loans and debt securities (CR2)
  • Additional disclosure on the credit quality of assets (CRB)
  • Qualitative disclosure on credit risk mitigation techniques (CRC)
  • Overview of credit risk mitigation techniques (CR3)
  • Qualitative disclosure on the use of external credit ratings under the standardised approach (CRD)
  • Standardised approach: credit risk exposure and the effects of mitigation techniques (CR4)
  • Standardised approach: exposures by counterparty type and risk weight (CR5)
  • Qualitative disclosure on internal-ratings-based (IRB) methodologies (CRE)
  • IRB: credit risk exposures by portfolio and probability-of-default band (CR6)
  • Changes in risk-weighted assets under internal-ratings-based methodologies (CR8)
  • IRB: back-testing of probability of default by portfolio (CR9)
  • Qualitative disclosure on counterparty credit risk (CCRA)
  • Analysis of counterparty credit risk exposure (CCR1)
  • Standardised approach for counterparty credit risk exposures, by regulatory portfolio and risk weight (CCR3)
  • IRB: counterparty credit risk exposures by portfolio and probability-of-default band (CCR4)
  • Composition of collateral for counterparty credit risk exposures (CCR5)
  • Exposures to central counterparties (CCR8)
  • Qualitative disclosure on securitisation exposures (SECA)
  • Securitisation exposures in the banking book (SEC1)
  • Securitisation exposures in the trading book (SEC2)
  • Securitisation exposures in the banking book and the regulatory capital required, banks acting as originator or sponsor (SEC3)
  • Securitisation exposures in the banking book and the regulatory capital required, banks acting as investor (SEC4)
  • Qualitative disclosure on market risk (MRA)
  • Market risk under the standardised approach (MR1)
  • General qualitative information on the bank's operational risk framework (ORA)
  • Historical losses (OR1)
  • Business indicator and its sub-components (OR2)
  • Minimum operational risk capital requirement (OR3)
  • Objectives and policies for managing interest rate risk in the banking book (RMLBA)
  • Quantitative information on interest rate risk in the banking book (RMBL1)
  • Remuneration policy (REMA)
  • Remuneration paid during the financial year (REM1)
  • Special payments (REM2)
  • Deferred remuneration (REM3)
  • Comparison of risk-weighted assets under internal models and the standardised approach, by risk type (CMS1)
  • Comparison of risk-weighted assets under internal models and the standardised approach, by asset class (CMS2)
  • Asset encumbrance (ENC)
  • Restrictions on the capacity to distribute capital (CDC)

Counted from the chapter's own annex table of tables and forms, naming the disclosure requirement, format (fixed or flexible) and frequency (quarterly, semi-annual or annual) for each. Source

Validation rules

54 rules, as counted from the CMF's published material. They are written for people to read; software cannot run them as published. Source

How they are written: A PDF annex of fixed table and form layouts, with some cross-references between templates written out in the text (for example '[KM1:1/a] corresponde a [CC1:29/a]')..

Written for a person preparing the disclosure to follow, not as a machine-readable rule set.

The rules, on cmfchile.cl

How they were counted

The chapter's own annex fixes the exact layout of every "fixed"-format table and form, and defines the cross-checks a few of them must satisfy against each other (for example KM1's figures must equal named cells in CC1, LR2 and LIQ1).

Counts are in the CMF's own unit, so they are not comparable with other regulators' counts.

Public data

Each firm publishes its own, on its website; the regulator does not collect it into one dataset. Published by each bank itself (as a standalone document or inside its interim financial statements), not centrally by the CMF. Source

Official documents (1)

The CMF's own files, with the size and SHA-256 fingerprint of each as downloaded on 13 November 2026, so anyone can tell whether a copy is the same version.

  • Capitulo 21-20: Disciplina de Mercado y Transparencia

    Legal text · PDF · 1.2 MB · 19 August 2021

    First issued by Circular No 2.283 of 1 December 2020; dated here by its most recent amendment shown on the pages read, Circular No 2.292 of 19 August 2021.

    SHA-256 f25d9cd12e2ashow in fullf25d9cd12e2a090845f9689030f0963e5d56029a3d3c467eeae24231d5a018df

Sources

Every page and document this return's facts were read from.

Knowing exactly what is collected, in what format and under which rules is the first step to real-time supervision. Line4 builds SupTech software for financial regulators that runs checks like these as each return arrives.

Line4's own text, and the way Line4 has collected and arranged these records, are free to reuse under CC BY 4.0. Please credit: “Source: Line4 regulatory submissions library (CC BY 4.0), https://www.line4.ai”. The facts themselves belong to no one. The regulators' document titles, template names, quoted terms and documents belong to them and are not covered by this licence: see CMF's reuse terms. This describes what regulators publish. It is not legal or regulatory advice: always rely on the regulator's own text. Not affiliated with or endorsed by any regulator.

Source: Comision para el Mercado Financiero (CMF), https://www.cmfchile.cl. The plain-English summaries are Line4's own; the CMF does not endorse this library.

Last checked 13 November 2026.