In a significant move towards strengthening data protection practices, the Brazilian National Data Protection Authority (“ANPD”) has opened a public consultation on its draft guidelines for anonymization and pseudonymization....more
On October 3, the Brazilian National Data Protection Authority (“ANPD”) announced the commencement of a public consultation process regarding its pilot regulatory sandbox program ("Consultation"). All interested parties can...more
The Brazilian Senate is discussing Bill No. 4530/2023 ("PL 4530/23") which would amend laws impacting data protection compliance in Brazil. PL 4530/23 would amend Law No. 13.709/2014, otherwise known as the Brazilian Data...more
A Comissão de Valores Mobiliários (SEC) recentemente promulgou regras finais relativas à divulgação de informações relacionadas à cibersegurança. Quando essas regras entrarem em vigor, as empresas emissoras estrangeiras...more
In June 2023, The International Sustainability Standards Board (ISSB) issued its inaugural standards, IFRS S1 and IFRS S2. These standards are designed to help companies communicate more effectively with investors regarding...more
A United States Securities Exchange Commission (SEC) publicou diversas alterações à Rule 10b-5, que se aplicam a todos os emissores, com o objetivo de exigir a divulgação periódica das Políticas de Insider Trading, bem como...more
Provisional Measure No. 1182/2023 (MP 1182) was published on Tuesday, July 25, to regulate sports betting. The provisional measure (medida provisoria, or “MP”) amends Federal Law No. 13,756 of 2018 and removes the Brazilian...more
On July 6, 2023, the Brazilian National Data Protection Authority (ANPD) published an order imposing the first fine for breaches of the Brazilian General Data Protection Law (LGPD). The fine, totaling BRL 14,400 (around USD...more
On May 23, 2023, the Brazilian Central Bank (Banco Central do Brasil – “BACEN”), together with the National Monetary Council (Conselho Monetário Nacional – “CMN”), enacted Resolution No. 6 (the “Resolution”), which outlines...more
The National Data Protection Authority (ANPD) has recently published Resolution CD/ANPD No 4/2023, which approves the Regulation for Dosimetry and Administrative Sanctions (RDASA) in cases of violation of Law No 13,709/2018....more
In July 2022, the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários – “CVM”) enacted Resolutions Nos. 160, 161, 162, 163 and 173, which reformulated the regulatory framework for public offerings in...more
A SEC realizou uma série de alterações ao EDGAR Filer Manual, documento oficial que contém as regras e especificações técnicas para arquivamento de documentos perante a SEC. No dia 2 de junho de 2022, por meio do Release No....more
On 12 July 2022, Brazilian Federal Government enacted Decree No. 11,129/2022, a new regulation on Law No. 12,846/2013 (the "Brazilian Clean Company Act"), which will revoke Decree No. 8,420/2015, previously in force. The new...more
Em 21 de março de 2022, a Comissão de Valores Mobiliários dos EUA (U.S. Securities and Exchange Commission ou “SEC”) propôs suas novas regras de divulgação de informações relacionadas a questões climáticas. As regras...more
Todos os emissores regulados pela SEC passarão a divulgar periodicamente suas Políticas de Insider Trading, bem como negociações de suas ações realizadas por Insiders, seguindo nova exigência da entidade americana pela...more
2/16/2022
/ Affirmative Defenses ,
Corporate Governance ,
Disclosure Requirements ,
Foreign Private Issuers ,
Form 20-F ,
Form 8-K ,
Insider Trading ,
Proposed Amendments ,
Proposed Rules ,
Rule 10b-5 ,
Securities and Exchange Commission (SEC)
Instituições financeiras bancárias passarão a divulgar dados estatísticos em um novo formato, com a substituição do Guide 3 por novas regras de divulgação, de acordo com uma nova subparte do Regulamento S-K. As novas regras...more
The Central Bank of Brazil published a Report on Social, Environmental and Climate Risks and Opportunities in order to promote transparency, the availability of credit and sustainable finance in the Brazilian financial...more
Open banking in Brazil, the system created by the Brazilian Central Bank for the sharing of data, information and financial services, is moving forward to its fourth stage. Open banking is a system created by the Brazilian...more
In December 2020, the Brazilian Central Bank (BCB) approved the rules for the commencement of the first cycle of the BCB regulatory sandbox. The BCB regulatory sandbox is an initiative that allows institutions to test...more
Companies in the life sciences and health care industry, like most companies, navigated unparalleled challenges in 2020. But unlike other industries, they had to do so while simultaneously facing the biggest challenge of all...more
After the creation of a Brazilian instantaneous payment method earlier this year (“PIX”), on November 16, 2020, the Central Bank of Brazil (“BCB”) officially launched its new digital transfer and payment platform. The purpose...more
On October 15, 2020, President Jair Bolsonaro appointed the five members for the new Brazilian Data Protection Authority (ANPD). Three of the five appointees have military backgrounds (following Bolsonaro's previous...more
The COVID-19 Report is a compilation of coronavirus news, analysis, and insights from around the world to help life sciences and health care companies stay current in this challenging time....more
9/1/2020
/ Brazil ,
Coronavirus/COVID-19 ,
Data Protection ,
Emergency Use Authorization (EUA) ,
Financial Stimulus ,
Infectious Diseases ,
Legislative Agendas ,
Regulatory Agenda ,
Relief Measures ,
Trump Administration ,
Vaccinations
After a long period of uncertainty about the effective date of Brazil’s General Data Protection law (LGPD), Brazil’s Congress on Wednesday dramatically approved a last-minute amendment to legislation that accelerated the...more
As previously reported, Brazilian lawmakers have been debating a delay to the LGPD, which was scheduled to come into effect August 15, 2020, in response to COVID-19. The Brazilian Senate first passed Bill 1,179/2020, and...more