Considering regulatory compliance, enforcement and appeals in Chile

To achieve its intended objective, a regulation must be complied with. This chapter looks into compliance and enforcement mechanisms. It offers and approach to regulatory enforcement and compliance, seeing that a crucial performance indicator for any regulation is the degree of compliance it generates. It takes into account the use of riskbased approaches for the design and implementation off regulations to be introduced gradually in the Chilean government. Furthermore, it touches upon the justification of having an appeal mechanism that allows for the redress of regulatory abuse by regulators in Chile.