Environmental, Social and Governance (ESG) practices for companies
By: Leonardo Neri ESG comes from the English environmental, social and governance, and corresponds to an organization’s environmental, social and governance practices. These are standards and good practices that define whether the company is socially conscious, sustainable and correctly managed. The term gained repercussion in 2020, after the announcement made by the CEO of […]
CVM includes inspection fee in PagTesouro
By: André Jerusalmy. The CVM has made it possible to pay inspection fees through the Federal Government’s “PagTesouro” system. Thus, in addition to paying the fees through the Federal Collection Guides (GRU), it will also be possible to pay such fees through credit card and PIX. Pagtesouro is a tool […]
Land Regularization at Urban Level
By Vitor Antony Ferrari and Ivan Kubala Land regularization is not a topic discussed by most Brazilians, and in the state of São Paulo alone, more than 10 million people are affected by irregular property ownership — the result of invasions, appropriations, etc. Without a private property title, families […]
Is Usucaption of Property Subject to Inheritance Possible?
By: Vitor Antony Ferrari and Ivan Kubala In Brazil, the understanding has been consolidated that an heir can indeed acquire property from the inheritance, as long as all legal requirements are met. In other words, despite this right existing, it does not mean that if an heir remains in the property subject to inheritance for a certain period […]
Initiatives for Innovation in the National Financial System – LIFT Lab
By: André Jerusalmy On June 30, in an online event promoted by the National Federation of Central Bank Employee Associations (Fenasbac), the president of the Central Bank of Brazil, Roberto Campos, announced 43 projects to increase inclusion, competitiveness, transparency, education and sustainability of the national financial system, which are part of the BC's agenda […]
Changes Promoted by MP 1.040/2021: Improvements in the Brazilian Business Environment
By: André Jerusalmy On March 30, 2021, the president of the republic issued Provisional Measure No. 1,040/2021 (“MP 1,040/21”), with the aim of modernizing and streamlining Brazil’s business environment and positioning in the World Bank’s Doing Business ranking. Said MP brought some relevant aspects, such as rules for protecting […]
Deadline for Submission of the Central Bank of Brazil's Five-Year Census of Foreign Capital
By: André Jerusalmy On July 1st, the deadline for submitting the census of foreign capital in the country was opened, which aims to compile economic and financial data of companies and investment funds headquartered in Brazil that have direct foreign equity participation. There are two types of census of foreign capital: annual […]
With new bankruptcy law, STJ cancels trial on issue regarding constrictive acts in judicial recovery
The Superior Court of Justice (STJ) has decided not to judge a case that had been recognized under the general repercussion system (Theme 987) regarding the possibility of carrying out coercive acts, in the context of tax enforcement, against companies undergoing judicial recovery. The decision to disregard a case that would be judged under the repetitive appeals procedure […]
LGPD as input: unprecedented court decision allows company to appropriate PIS and COFINS credits
In a decision handed down in the first instance, the Federal Court[1] granted the right to a chain of clothing stores to obtain PIS and COFINS credits on expenses with the implementation and maintenance of data management programs. This is an unprecedented decision in this regard, but once again, it verified the adoption of […]
Law enabling the privatization of Eletrobrás has been sanctioned
By: Antonio Carlos Mazzucco The President of the Republic sanctioned, with some vetoes, Provisional Measure 1.031/2021, which enables the capitalization of Eletrobrás, a company responsible for 30% of the electricity generated in the country. The MP was converted into Law 14.182/2021, published in the Official Gazette of the Union on July 13. Among the vetoes, 14 in total, […]