Loss of Funds D and E: Local Specialists Analyse the Feasibility of Legal Proceedings Against AFPs
4 Articles
4 Articles
It is essential to clarify the responsibilities that AFPs may have in this mess, it is not responsible to anticipate trials or seek to impose sanctions without waiting for the outcome of the ongoing investigations.
Conadecus evaluates a collective lawsuit against the AFP after the severe collapse of Fund E for high-risk financial operations. The entry President of Conadecus analyzes collective lawsuit against the AFP for collapse of funds: "The risk was brutal, all funds could be lost" was first published in Futuro Chile.
In More Than Numbers, the lawyer and professor of law PUC, Paula Vial, analyzed the legal implications regarding the losses of Fund E. In her opinion, “it is difficult that there can be criminal liability” in this crisis for pension funds.
Protection remedies would have little choice if a violation of rights was not proven.
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