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The Ministry of Finance and Public Credit issued Decree 2497 of 2022 on December 16, 2022, to establish differential risk ranges of the Compulsory Traffic Accident Insurance ("SOAT"), amend Article 2.6.1.1.4.2.3 of Decree 780 of 2016 and regulate paragraph 1 of article 42 of Law 769 of 2002.