Fintech regulation before Bacen
Por Attilio Freitas O Conselho Monetário Nacial (CMN), em abril, trouxe à tona a Resolução nº 4.656/2018 (“Resolução”). Por meio desse novo corpo normativo, o Banco Central buscou, como fim, fomentar a capacidade de inovação e ao mesmo tempo fortalecer e estimular a participação, no mercardo de crédito, de um determinado tipo de instituição financeira: as empresas (no mais das vezes start-ups) de tecnologia financeira – as chamadas […]
The National Personal Data Protection Law and its main repercussions
Por Leonardo Neri No dia 29 de maio de 2018 foi aprovado na Câmara dos Deputados o Projeto de Lei (“PL”) nº 53/2018, mais conhecido como a Lei Geral de Proteção de Dados Pessoais, resultado da junção de outros dois projetos anteriores, o PL 4.060/2012 e o PL 5.276/2016. Aguarda-se, nesse momento, aprovação do […]
The National Monetary Council (CMN) publishes mandatory compliance guidelines for the sector
Por Eduardo de Abreu Sodre / Antonio Carlos C. Mazzucco A Resolução Nº 4.595/2017, publicada em 30.08.2017, traz as diretrizes para que as instituições financeiras, cooperativas de crédito e demais entidades autorizadas a funcionar pelo Banco Central implementem políticas de conformidade (compliance) e se adequem às novas regras até 31 de dezembro de 2017. […]
Marketplaces and Payment Arrangements – Bacen Circular 3.842/17.
Por Attilio Diniz de Freitas / Antonio Carlos C. Mazzucco A Circular nº 3.842/17 (“Circular”), do Banco Central do Brasil (“BACEN”), redigiu nova regulamentação sobre os chamdos marketplaces. De fato, não se trata de uma regulamentação propriamente “nova”: ela existe desde 2013. O que se alterou foi que o BACEN passou acenar que também […]
Judicial Recovery for Micro and Small Businesses.
Por Vitor Antony Ferrari / Antonio Carlos C. Mazzucco Diante do atual cenário de crise política e econômica imposta por uma gestão pública equivocada e populista, as Empresas brasileiras e seus administradores vêm enfrentando inúmeras dificuldades para cumprir com suas obrigações junto aos seus credores, sejam eles fornecedores, instituições financeiras e até mesmo seus […]
Provisional Measure 806/2017 starts to tax non-liquid assets of Closed Investment Funds
By Tatiana Giovanelli de Almeida Souza / Evelin Spinosa The recently published Provisional Measure 806, in the extraordinary edition of the Official Gazette of the Union of November 30, 2017, changes the rules of taxation and deferral of taxation applicable to closed investment funds, namely, those that do not allow the redemption of shares during […]
The National Data Protection Authority is created by Provisional Measure
After the Personal Data Law was enacted without due approval from the National Data Protection Authority (ANPD), some experts questioned the enforcement of the General Data Protection Law (LGPD), given that the sanctions provided for in the law would be prerogatives of the ANPD. Although the sanctions provided for in the ANPD in […]
Precautionary and urgent relief granted by the arbitrator in arbitration proceedings
A matter of great importance to the parties in any dispute resolution procedure is the issue of preliminary injunctions. In Brazil, it is common for the parties to use preliminary injunctions in dispute resolutions, because these measures sometimes guarantee the practical effects of a decision that may be issued later, sometimes […]
Federal Revenue issues Normative Opinion COSIT No. 4 of 2018 that expands the possibility of holding third parties liable
On December 12, 2018, the Federal Revenue Service published the Normative Opinion of the General Coordination of Taxation (COSIT) No. 4, of 2018, which extends the possibility of including third parties as jointly liable parties. As provided for in said Opinion, any person with a common interest in the situation linked to the tax legal fact will be held liable, both the lawful act that generated […]
Federal Revenue publishes Normative Opinion COSIT No. 5 of 2018 that provides a restrictive interpretation of the concept of inputs
On December 18, 2018, the Federal Revenue Service published the Normative Opinion of the General Coordination of Taxation (COSIT) No. 5, of 2018, which provides a restrictive interpretation of the concept of inputs in comparison to the understanding adopted by the Ministers of the Superior Court of Justice in Repetitive Special Appeal No. 1,221,170/PR judged by the 1st Panel. The judgment of the aforementioned appeal […]