New CVM Standard for regulating Fiagro
As of the publication of the new CVM Resolution No. 214, of September 30, 2024, by the Securities and Exchange Commission – CVM, investment funds for agribusiness production chains – Fiagro, will become part of the regulatory framework for investment funds in the country.
Among the main changes brought about by the rule are (i) subsidiary application of other CVM normative annexes; (ii) definition of the strategic policy and management of the invested company; (iii) possibility of trading carbon credits from agribusiness; (iv) investment by the Fiagro classes in “any real rights over rural properties”, among others.
CVM Resolution 214 comes into effect on March 3, 2025. Existing Fiagros will have until June 30, 2025 to adapt to the new resolution.
CVM public consultation with proposals for the new EASY Regime for smaller companies
The Securities and Exchange Commission – CVM has made available to the general public of investors the public consultation of the proposed rules that establish the Facilitation of Access to Capital and Incentive to Listings – FÁCIL regime, which is part of the CVM 2024 Regulatory Agenda, bringing new rules, on an experimental basis, that promote facilitation of entry and access of smaller companies to the capital market.
Suggestions and comments can be sent until 12/6/2024 to the CVM email conpublica0124@cvm.gov.br.
Law No. 14,801/2023 was enacted, creating Infrastructure Debentures
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Iosco recommendations on the cryptoasset market
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Legal Framework for Loan Guarantees via Law 14,711/23
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New BCB Resolution No. 339 updates the rules regarding written duplicates
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CVM issues 27 new Resolutions related to Decree 10.139/19 – Accounting Standards Update
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CVM changes crowdfunding rules
By: André Jerusalmy On April 27, 2022, the Brazilian Securities and Exchange Commission (“CVM”) released Resolution CVM 88, which substantially modifies the rules regarding public offerings of small companies. The new resolution seeks to facilitate and improve the current rules for “crowdfunding”, which is a method of raising funds through […]
Market Demands Agility in Regulation of the New Exchange Rate Framework
By: André Jerusalmy The new Legal Framework for the Foreign Exchange Market, enacted on December 28, 2021, foresees important changes for financial agents, importers, exporters and all persons (whether individuals or legal entities) who wish to operate in foreign currency. However, for the provisions of the new law to come into effect, it is necessary to […]
Debenture market on the rise in the first quarter of 2022
By: André Jerusalmy The conflict between Russia and Ukraine has generated global instability. Since the beginning of the war, the scarcity of energy sources and the increase in the price of oil and commodities have contributed to the escalation of prices in the world and in Brazil. In the first quarter alone, the values issued show an increase of […]
