IBOV 175,135.41 ▲ 0.31% IPSA 11,470.79 ▲ 0.89% IPC MEX 65,829.98 ▼ 0.55% MERVAL 3,001,209 — 0.00% COLCAP 2,489.80 ▼ 0.59% BVL PERÚ 60,629.82 ▲ 0.25% USD/BRL5.19▲ 0.48% USD/MXN16.98▼ 0.03% USD/CLP924.87▼ 0.17% USD/COP3,183▲ 1.75% USD/PEN3.35▼ 0.11% USD/ARS1,512▼ 0.02% USD/UYU40.25▲ 1.53% USD/PYG5,905▲ 0.48% USD/BOB11.78▲ 3.59% USD/DOP58.61▲ 0.96% USD/CRC448.38▲ 1.62% USD/GTQ7.63▲ 2.27% USD/HNL26.83▲ 1.77% USD/NIO36.62▼ 0.02% USD/VES789.69▼ 0.08% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 1.14% EUR/BRL6.04▲ 0.77% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 175,135.41 ▲ 0.31% IPSA 11,470.79 ▲ 0.89% IPC MEX 65,829.98 ▼ 0.55% MERVAL 3,001,209 — 0.00% COLCAP 2,489.80 ▼ 0.59% BVL PERÚ 60,629.82 ▲ 0.25% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Chile reforms its arms control law

By · January 17, 2022 · 2 min read

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RIO DE JANEIRO, BRAZIL – The President of the Republic of Chile, Sebastián Piñera, enacted the reforms to Law No. 17,798 on Arms Control, which strengthened the institutional framework and oversight and increased the requirements for the acquisition and possession of firearms.

After 14 years of processing, the National Congress approved the bill, allowing for stricter legislation on firearms possession, trafficking, and use.

“It is going to improve the security and peace of mind of all families because this law is going to allow strengthening the control of firearms and, also, of the conditions. And, consequently, it will allow families to live with greater freedom and peace of mind”, said the President in a ceremony held at the Carabineros Weapons Depository Center, accompanied by the Ministers of the Interior and Public Security, Rodrigo Delgado; National Defense, Baldo Prokurica; and Justice, Hernán Larraín, among other representatives of the Armed Forces of Chile and the Law Enforcement and Security Forces.

The President of the Republic of Chile, Sebastián Piñera, enacted the reforms to Law No. 17,798 on Arms Control, which strengthened the institutional framework and oversight and increased the requirements for the acquisition and possession of firearms.
The President of the Republic of Chile, Sebastián Piñera, enacted the reforms to Law No. 17,798 on Arms Control, which strengthened the institutional framework and oversight and increased the requirements for the acquisition and possession of firearms. (Photo: internet reproduction)
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The new regulation incorporates a series of modifications that make the legislation on possession, trafficking, and use of firearms stricter. Among the changes to Law No. 17,798 is the express inclusion of adapted, blank, or toy weapons and silencers as prohibited elements. Their use, traffic, and sale are regulated and must be duly registered.

Likewise, and to have better control, the names of those who acquire or transfer arms will be recorded and if arms are imported from abroad.

There will be a traceability analysis to know the effect of the firing of projectiles when a weapon is registered for the first time in the General Directorate of National Mobilization (DGMN). This registry should be available to the police, allowing for a better follow-up of the weapons and reinforcing the investigative work in case of possible crimes.

Regarding sanctions, the sale of ammunition to unauthorized persons becomes a crime. Also, the penalties for handing out weapons to minors are increased to 541 days to five years of imprisonment, and the crime of adulteration, alteration, or destruction of the weapons traceability system is created.

The enacted law also incorporates the Investigative Police (PDI) as a supervisory body, strengthening the team overseeing the correct use of weapons in Chile.

“I would like to call on all our compatriots to join this necessary, urgent and noble cause, which is to ensure that crime recedes and citizen security advances and, thus, to be able to grant all Chilean families more freedom, more peace, more tranquility so that they can develop their lives to the fullest”, concluded President Piñera.

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