Serious or minor guilt? Experts criticize Government’s indications in the Anti-Fraud Law

Mar 22, 2024

Lawyers from law firms agreed that the standard proposed by the Executive is erroneous and warn of effects on the industry.

The Ministry of Finance presented last week a package of indications to reformulate the Anti-Fraud Law in the Senate.

The proposal of the Executive reinforces the catalog of presumptions of crimes through the establishment of willful misconduct or “gross negligence” linked to the user’s responsibility when there are frauds in their means of payment.

However, such standard did not come close to what was requested by the financial guilds during the legislative debate, which asked for the establishment of “slight fault”.

For the director of group compliance at Albagli Zaliasnk, Francisca Franzani, the Treasury’s approach “increases operating and management costs for issuers, who, faced with the need to cover these additional expenses, tend to pass them on to consumers in the form of higher rates or less favorable conditions“.

Source: Diario Financiero, March 22, 2024.

See here.

Te podría interesar

Radio La Clave | Interview with Rodrigo Albagli

Radio La Clave | Interview with Rodrigo Albagli

We share the interview with our partner Rodrigo Albagli for Radio La Clave, where he discussed the Economic Crimes Law following its first year of implementation. In a new episode of Clave Morse, Daniel Fajardo spoke with our partner Rodrigo Albagli, who discussed the...