Briones by regulation of firms like FyF: “Every time we have wanted to move forward, we have done badly” Economy



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In the framework of the cross questions that have emanated in recent days between Happy and lined (FyF) and the Superintendency of Pensions (SP) for an alleged triangulation that would involve AFP Habitat and the Piñera family, the Government reiterated this Monday the need to regular to all financial advisers.

“We have had more than one fight in this matter together with the Central Bank, but we have not done well “said the Minister of Finance, Ignacio Briones.

In conversation with radio La Clave, the Secretary of State stressed that regulation is essential, especially for firms that deliver guidelines related to pension benefits.

Briones, along these lines, added that these companies generate price movements “which can also be a source of evident conflict of interest and privileged information ”.

“It has always been very complicated (regular). We have said it with the president of the Central Bank, we have gone to Congress. Every time we have wanted to move forward, we have failed. So one wonders why the regulation that is so necessary in the financial market, in this case would not apply, “said the head of the fiscal coffers.

In the last hours the Christian Democrat senator, Ximena Rincon, was pointed out for having an alleged link with the company Felices y Forrados, according to an article in the newspaper La Tercera.

According to the publication, the senator’s brother, Ricardo Rincón, is a lawyer for the company and, in addition, the senator would have tried to add an indication in the project of the second withdrawal of 10% that prohibited the restriction of pension advisers. All this in the Constitutional Commission of the Upper House, where Rincón was replacing the senator of the same party, Francisco Huenchumilla.

On November 12, meanwhile, the National Consumer Service (Sernac) confirmed that has in its sights Happy and Lined, a venture led by the commercial engineer Gino Lorenzini, which is not registered with the Commission for the Financial Market (CMF).

In detail, the Service initiated an inquiry into the firm by misleading advertising, which would be linked to the delivery of inaccurate data.

FyF would currently have at least 130,000 subscribers, who pay approximately $ 2,000 per month for services.



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