Capital markets 5k2g5b
New CVM resolutions and the governance of publicly-held companies 6r1336
Standards require independent directors in publicly-held companies and determines other measures on voting rights, segregation of directors' functions and publication of financial statements.
CVM changes its understanding on conflicts of interests 544a39
Majority of the board concludes that the materialist theory should be adopted.
The new structure of the CVM reference form and the focus on esg 2d4g63
Document has undergone changes and brings as main novelty obligations to disseminate information on ESG and climate.
CVM releases study on the ESG agenda and the capital market 3r6i5i
Document analyzes current initiatives, as well as challenges and opportunities for the agency.
Brazilian Securities and Exchange Commission (CVM) acquits Directors accused of alleged breach of diligence duty 615p16
The board of the Brazilian Securities and Exchange Commission (CVM), unanimously, acquitted the defendants in the context of a sanctioning istrative proceeding initiated to determine the responsibility of of the board of directors for breach of the diligence duty , provided for in article 153 of Law 6,404/76 (Corporation Law).
MP 1,103/22 establishes new rules regarding securitization of receivables and a fiduciary arrangement 391y51
The new legislation represents a major development for the securitization industry in Brazil, as it allows for greater standardization in the structuring of transactions with different types of securities, reducing costs and providing greater legal certainty for investors.
CVM Resolution 88 and developments in investment crowdfunding 5a1n3h
The rule enters into force on July 1 with innovations for small scale business companies in the public offering of securities with exemption from registration and carried out through an electronic crowd investment platform.
CVM starts to require the disclosure of information on corporate demands in a new resolution 476225
A new rule will come into force on May 2. Its application will be mandatory for corporate claims filed from that date and optional for those initiated before the standard.
CVM's Annual Circular Letter provides guidance to publicly-traded companies on relevant aspects of legislation and regulations 172es
The document consolidates the Company Relations Bureau guidelines to be observed by publicly-traded, foreign, and incentivized companies to fulfill their regulatory obligations.
New rules for publications ordered by the Brazilian Corporate Law 5i5s5q
Changes establish a more straightforward, flexible, and less costly procedure for companies. However, there is doubt whether organizations can choose to publish their entire financial statements in the printed newspaper and if this would exempt them from releasing the same publication on the newspaper's website.
CVM's position in relation to collective investment agreements in the hotel sector 94r6k
An assessment of the regulatory time milestones relating to condo-hotels, the role of developers and hotel operators in the offer of collective investment contracts and business models recently analyzed by CVM collegiate.
The expected market and regulatory scenario for 2022 426wp
Companies operating in Brazil must prepare themselves to deal with the uncertainties of the current scenario and the new regulations, some of which are already in effect.
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