This first document of the PLAC Network Technical Assistance Document Series, entitled “Evaluation of Updates to the Risk-Based Supervision Model of the Superintendence of Pensions in Chile”, provides a commentary on the actions taken by the Superintendence of Pensions in response to the original advisory report on the application of risk-based supervision, which was formally delivered in December 2016. This revised version of the report also takes into account discussions with managers and staff from the Superintendence of Pensions during a series of presentations and training workshops held in Santiago de Chile during the week of 12-16 June 2017.