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Ministry of Economy and PGFN regulate new transaction modalities
In response to requests from taxpayers at a time of economic downturn, the Ministry of Economy and the Attorney General's Office of the...
New Federal Decree to foster sustainable infrastructure projects
On 5th June, the Federal Decree No. 10.387/2020 was published, modifying the Federal Decree No 8.874/2016 in order to include a new...
CVM regulates the constitution and operation of the Regulatory Sandbox
On May 15, 2020, the Securities and Exchange Commission (“CVM”) issued Instruction No. 626 (“CVM Instruction 626”), which regulates the...
Brazilian securities and exchange commission launches the regulatory sandbox framework
On May 15, 2020, the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários–“CVM”) enacted CVM Rule No. 626 (“CVM...
National Congress promulgates Constitutional Amendment that establishes extraordinary fiscal regime and allows purchase of assets on the secondary market by BACEN
On May 7, 2020, the National Congress (“CN”) enacted Constitutional Amendment No. 106 (“EC 106”), which establishes an extraordinary...
CMN and BACEN regulate Open Banking
On May 4, 2020, the National Monetary Council (“CMN”) and the Central Bank of Brazil (“BACEN”) respectively issued Joint Resolution No. 1...
BNDES publishes notice for public call for selection of FIDCs intended for MSMEs
The BNDES announced, on May 6, 2020, a public call notice for the selection of investment funds in credit rights (“FIDCs”) or investment...
CMN and BACEN regulate the issuance of electronic bills and their negotiation in discount operations and credit operations
On May 4, 2020, the National Monetary Council (“CMN”) and the Central Bank of Brazil (“BACEN”) issued, respectively, Resolution No. 4,815...
Published the Provisional Measure that deals with procedures related to the Emergency Benefit and extends the effective date of the General Personal Data Protection Law (LGPD)
On April 29, 2020, Provisional Measure No. 959 ("MP 959/2020") was published, which establishes the procedures for paying the Monthly...
COVID-19 and debt restructurings
There are several sectors of the Brazilian economy that are suffering the impacts of the current pandemic and isolation measures adopted...
Emergency Program to Guarantee Jobs Positions and Income to face new challenges related to the state of public calamity resulted from COVID-19
By means of the Provisional Measure No. 936, published on April 1st, 2020 (“PM 936”), the Brazilian Federal Government establishes...
Federal government publishes provisional measure available on postponing the date for holding ordinary general meetings, extending deadlines and temporarily waiving the obligations of...
..registration of acts with commercial boards and the holding of general shareholders' meetings, meetings or meetings of partners and...
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