Banking, insurance and finance 4n6dr
Open Banking in Brazil 4s2a4z
See the rules and implementation phases of the project that promises to transform the financial services industry in Brazil.
DREI regulates virtual meetings for limited liability companies, privately-held corporations, and cooperatives 4j594p
Partners, shareholders, or associates will be able to send a remote voting ballot or participate in the meeting remotely using an electronic system accessible to all.
Rules introduced to address concerns of the Brazilian investment fund industry due to the covid-19 pandemic crisis 341w3u
Given the unprecedented high volatility of the Brazilian capital markets and the restrictions imposed by governments on the movement of people due to the coronavirus pandemic, the Brazilian Securities Commission (CVM) has adopted several measures to foster the economy and provide more flexibility for market participants to comply with the rules governing the Brazilian capital markets.
The CMN's first responses to the coronavirus 3ub1w
Prudential regulatory constraints imposed on banks are relaxed in an attempt to maintain the flow of credit in the Brazilian economy and foster economic activity.
New rule for foreign investment consultants to operate in Brazil 446g4x
On February 6, the Brazilian Securities and Exchange Commission (CVM) issued Instruction No. 619, which amends specific issues of Instruction No. 592/17 (on the activity of securities consulting), to expressly allow investment consultants based abroad to operate in Brazil.
Census of Brazilian capital abroad 2k5o6q
Individuals and legal entities resident, domiciled or with headquarters in Brazil, as provided for in tax law, must report to the Central Bank of Brazil the assets and amounts held by them outside the country.
New cyber security rules for the securities market in 2020 395n50
CVM Instruction 612 introduces new obligations for securities market brokerage firms in addition to CMN Resolution 4,658.
Bacen's Instant Payment System (SPI) q1y3n
A new method of payment will allow the transfer of funds in real-time starting in November. Click here to see the criteria and forms of participation in the system.
The regulatory agenda of the Central Bank and the CVM from 2020 onwards 3kc6z
In a new series of articles, we look at the changes that should affect the Brazilian Financial System in the coming years.
Proposals move forward to introduce Regulatory Sandbox in Brazil 6b1e31
The Central Bank of Brazil (BCB) opened for public consultation, on November 28, drafts of a t regulatory act of the National Monetary Council (CMN) and the BCB and a BCB Circular dealing with the introduction of a “Controlled Testing Environment for Financial and Payment Systems Innovations” (Regulatory Sandbox) under the National Financial System and the Brazilian Payments System.[1]
The Economic Freedom Law o6z5h
On September 20, 2019, Federal Law No. 13,874/19 was enacted, setting forth the Declaration of Rights of Economic Freedom. Among the changes promoted by the new law, we highlight innovations for the investment fund industry, with the introduction of a new chapter in the Brazilian Civil Code on the subject (articles 1,368-C to 1,368-F).
Decree facilitates the participation of foreigners in the National Financial System 704lc
Presidential Decree No. 10,029/19, published on September 27, authorized the Central Bank of Brazil (BCB) to recognize the following as being in the interest of the Brazilian government: (i) installation in Brazil of new branches of financial institutions domiciled abroad; and (ii) increase in the percentage of equity in the capital of financial institutions headquartered in Brazil, held by individuals or legal entities resident or domiciled abroad.
Page 5 of 7 5i2m32
