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CVM issues deliberation extending and suspending certain deadlines set out in its regulations due to COVID-19

Due to the impacts of COVID-19 and the recognition of the state of public calamity referred to in Legislative Decree No. 6 of 2020, the Securities and Exchange Commission ("CVM") issued, on March 25, 2020, its Deliberation No. 848 ("CVM Resolution 848"), which: (a) extends certain deadlines set out in its regulations; (b) suspends the term of administrative sanctioning processes; and (c) promotes temporary changes to CVM Instruction No. 476, of January 16, 2009 ("CVM Instruction 476") and CVM Instruction No. 566, of July 31, 2015 ("CVM Instruction 566").


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