that of financial capital and banking institutions, in order to guarantee transparency,
seriousness and rigor in the administration of financial resources that belong to
thousands or millions of persons and to ensure conditions for the administration of these
resources that do not affect financial and fiscal stability. All of this points to the need to
expand and enhance the State’s regulatory capacity, reinforcing non-judicial monitoring
and control entities whose daily task involves determining the rights and obligations of
many.
19. Thus, there is a great deal related to the future which is determined in criteria such as
that contained in the consistent case law of the Court. An even though, in a judgment
such as this one, it does not establish a public policy on the regulation of financial
capital, it relates to the need of society and of the markets to strengthen this regulatory
capacity. This requires reaffirming and, eventually, expanding the public capacity to
determine rights and obligations in this area. Hence, it is important that, in this
judgment, the Court consolidate its consistent case law, thereby contributing to establish
guarantee-based parameters so that this reinforcement and expansion of regulatory
faculties is carried out within clear norms of respect for the rights and guarantees of the
individual.
Diego García-Sayán
Judge
Pablo Saavedra Alessandri
Secretary
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