Maintaining Momentum
OECD Perspectives on Policy Challenges in Chile
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To inform the current policy debate in Chile and present an economic assessment with concrete recommendations and policy options, this report provides a detailed analysis of the overall Chilean economic situation.
Also available in: Spanish
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Strengthening the financial system in Chile
Ensure greater independence and transparency of the Superintendence of Banks and Financial Institutions, Superintendence of Securities and Insurance Supervisor, and Superintendence of Pensions. • Take legislative action to establish group-wide supervision in the financial sector and expand oversight for significant non-bank credit providers. • Make further progress in risk-management of pension fund administrators, and establish a system of risk-based supervision in the insurance and private pension sectors. • Establish guidelines requiring insurers to assess the adequacy of reinsurers. • Assess the impact of recent reforms on pension benefits and evaluate the need for further policy initiatives to raise pension savings and promote later retirement. • Strengthen financial awareness and education in the area of credit, insurance and private pensions to enable individuals to make better decisions.
Also available in: Spanish
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Click to download PDF - 302.70KBPDF