News & Analysis as of

Brazil

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - September 2024 #3

In this week’s edition, we discuss the Swiss Government’s rejection of a landmark ruling that the country had violated the human rights of a group of its citizens by failing to take adequate action on climate change; a report...more

Mayer Brown

Senado Aprova Medidas Para Renegociação De Multas Impostas Por Agências Reguladoras Federais

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O Senado aprovou a criação do programa “Desenrola Agências Reguladoras”, que cria a possibilidade de renegociação de multas aplicadas pelas agências reguladoras federais a pessoas físicas ou jurídicas. O substitutivo ao...more

White & Case LLP

Mexico Initiates Antidumping Investigation on Imports of Epoxidized Soybean Oil Originating from the Federative Republic of Brazil...

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On September 12, 2024, the Ministry of Economy published in the Official Gazette of the Federation a resolution declaring the initiation of an antidumping investigation on imports of epoxidized soybean oil originating from...more

Mayer Brown

ANTAQ Announces Public Consultation and Hearing to Improve Draft Resolution for Chartering Criteria for Brazilian Shipping...

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Brazil’s National Agency of Waterway Transportation (“ANTAQ”) will hold a Public Consultation and Hearing from September 9 to October 23, 2024 (Notice of Public Hearing No. 11/2024). The aim is to receive feedback on a draft...more

Mayer Brown

Permanent Offer – Petrobras Exercises Its Preferential Right In Jaspe

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On August 28, 2024, Brazil’s National Energy Policy Council ("CNPE") published CNPE Resolution No. 6/2024, announcing the exercise of Petróleo Brasileiro S.A.’s ("Petrobras") preferential right to be the operator in the Jaspe...more

Mayer Brown

Full Transaction Program Established to Reduce Federal Tax Litigation

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On August 30, 2024, Ordinance MF No. 1,383 was published, establishing the Full Transaction Program (PTI). The PTI provides a set of measures to reduce federal tax litigation with “high economic impact,” encouraging the...more

Littler

New Brazil Pay Transparency Report Is Due by the End of September 2024

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In July 2023, the Brazilian Congress passed a law with new and more stringent rules relating to equal pay, with a particular focus on the gender pay gap. The law requires a number of measures be implemented to make...more

Mayer Brown

New Decree Regulating the Gas Law Published

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On August 27, 2024, Brazilian President Luiz Inácio Lula da Silva signed five documents at a ceremony to approve the national energy transition policy: (i) revoking Decree 9.928/19, which established the Technical Committee...more

Mayer Brown

New ANPD Regulation International Data Transfers

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Scope of the Regulation - On August 23, 2024, the Brazilian Data Protection Authority (ANPD) published Resolution CD/ANPD No. 19/2024 (the “Regulation”), which addresses international transfers of personal data....more

Mayer Brown

Amendment to ANATEL's Cybersecurity Regulations - Incident Notification and Prior Evaluation of Suppliers

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The National Telecommunications Agency (ANATEL) published Resolution No. 767 of August 2024 (the “Resolution”), which amended Resolution No. 740 of 2020, also known as the Cybersecurity Regulation Applied to the...more

Mayer Brown

STF's and STJ's Tax Agenda for the 2nd Half of 2024

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With the mid-year recess ending, Brazil’s Superior Courts are preparing to review certain notable tax thesis in the second half of 2024. Among the tax cases before the Federal Supreme Court (STF), the following stand...more

Mayer Brown

CETESB Publishes New Board Decision on the Management of Contaminated Areas

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The Environmental Agency of the State of São Paulo (Companhia Ambiental do Estado de São Paulo - CETESB) recently published in the Official Gazette new guidelines for managing contaminated areas and the procedures for...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - August 2024 #2

In this week’s edition, we look at a Brazilian enforcement action relating to illegal deforestation in the Amazon. We also discuss ESMA’s opinion on the functioning of the Sustainable Finance Framework, as well as proposed...more

Mayer Brown

New Regulations on Solid Waste and Reverse Logistics - Management Entities, Auditors of Results for Reverse Logistics, and Other...

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Brazil has recently seen significant updates to solid waste management regulations at the national level. These include new regulations which address: the qualification criteria of managing entities; the qualification...more

Braumiller Law Group, PLLC

Hot Topics in International Trade - August 2024 - BRICS – Shaping the Future of Global Finance and Investment

Imagine a world where five powerhouse nations are redefining the global economic landscape. BRICS—an acronym for Brazil, Russia, India, China, and South Africa—is not just a coalition of emerging markets; it is a formidable...more

Mayer Brown

Permanent Offer: ANP Sets Strategic Calendar of Geo-Economic Assessments for 2024/2025

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In order to promote transparency and predictability so that the market can direct its future investments more assertively, the Brazil’s National Agency of Petroleum, Natural Gas and Biofuels ("ANP") approved, through Board...more

Mayer Brown

New Trial Method at CARF: Virtual Plenary - MF Ordinances No. 1,239 and 1,240/2024

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On August 5, 2024, Brazilian Ministry of Finance (MF) Ordinances No. 1,239 and 1,240/2024 were published in the Federal Official Gazette, providing operating rules for non-concurrent sessions of the Administrative Tax Appeal...more

Mayer Brown

Permanent Offer: Public Consultation on the Revision of the Tender Protocol and Draft Concession Contracts

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On July 1, 2024, Brazil’s National Agency of Petroleum, Natural Gas and Biofuels (ANP) initiated Public Consultation No. 02/2024 to receive contributions on the draft of the tender protocol for the Permanent Offer under the...more

Mayer Brown

Low-Carbon Hydrogen Legal Framework in Brazil: Law No. 14,948/2024 Sanctioned and Published

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On Friday, August 2, 2024, Law No. 14.948/2024 was sanctioned and published, establishing the legal framework for low-carbon hydrogen in Brazil. This legislation, dedicated exclusively to the regulation of one of the main...more

Cadwalader, Wickersham & Taft LLP

Cadwalader Climate - August 2024

In this week’s edition, we discuss a Colombian court’s ruling in favor of an indigenous community who challenged the legality of a carbon credit project and a letter written by environmental activist groups to 71 airlines...more

Mayer Brown

ANPD's New Regulation on Guidelines and Responsibilities of Data Protection Officers in Brazil

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The Brazilian Data Protection Authority (ANPD) has published its new regulation on the Data Protection Officer’s (DPO) role. A central figure in privacy governance, the DPO serves as the liaison between the data controller,...more

Mayer Brown

Emissions on International Flights: ANAC Publishes Regulations Incorporating Corsia Rules in Brazil

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On May 14, 2024, Brazil’s National Civil Aviation Agency (“ANAC”) approved Resolution No. 743/2024 (“Resolution”), which regulates the monitoring and offsetting of carbon dioxide (“CO2”) emissions on international flights....more

Mayer Brown

Normative Instruction RFB No. 2,205/2024: Regulation of the Effects Applicable to Cases Decided by CARF by Casting Vote

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On July 24, 2024, Normative Instruction No. 2,205/ of the Brazilian Federal Revenue Service (the "Instruction”) was published, that regulates Article 25, paragraph 9-A, and Article 25-A of Decree No. 70,235/1972, establishing...more

Mayer Brown

Global Patent Prosecution Highway: Brazil Joins International Program Aimed at Enhancing Celerity in Patent Examination

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The Brazilian Patent and Trademark Office (BPTO) joined the Global Patent Prosecution Highway (GPPH) program on July 6, 2024. Coordinated by the Japan Patent Office (JPO)....more

Mayer Brown

Brazil: Restrictive Covenants

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AT A GLANCE - Despite Brazilian law providing no specific regulations on restrictive covenants, post-termination restrictive covenants are valid in Brazil, particularly among key employees who have valuable connections,...more

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