A new law in Chile that expands the scope of white-collar crime is generating a lot of work for lawyers while scaring off investment.

Chile’s Economic Crimes Law, which took effect in September, came in response to the social unrest that rocked the South American country before the pandemic. One of the protestors’ complaints was that those who commit white-collar crimes are not adequately penalized.

Francisca Franzani Francisca Franzani. Courtesy photo