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From a political and regulatory point of view, Chilean Law 21,430 represented a decisive step towards a system that places children and adolescents at the center as subjects of rights. However, despite its ambition to become a framework law that supports and limits all public policies that affect them, the truth is that we are far from this, not only because of the alarming lack of coordination, budgetary problems and problems of implementation of its basic bodies, but also because of the disagreement with numerous regulations that are still in force and that subordinate the objectives outlined in this law and its correlative public policies. From this point of view, this paper analyzes the elements and characteristics of the system of guarantees for children, its objective and structuring function, as well as various problems of implementation.