Provisionary Measure promises to facilitate startup activities
Known as MP da Liberdade Econômica (Provisionary Measure-PM of Economic Freedom), Provisionary Measure nº 881 promises to reduce bureaucracy and other regulatory barriers that hinder the development of entrepreneurship in Brazil. The logic behind the creation of PM of Economic Freedom is to elevate the environment of business in Brazil to the level at […]
New Regulatory Framework for Sanitation
The Senate passed on June 6 a bill laying down a new regulatory framework for sanitation in Brazil. It is Bill No. 3,261 drafted by senator Tasso Jereissati (PSDB-CE). The passing of this bill comes after two unsuccessful attempts to regulate the matter through two Provisional Measures – both of which not converted into Law. […]
CAM B3 Digital system is approved
The Market Arbitration Chamber, or CAM B3, approved on June 14 a rule (Guideline No, 01/2019) establishing the CAM B3 Digital system. The new rule came into force on July 1 and provides for the details of the CAM B3 Digital operation. CAM B3 Digital is an online platform where the procedural acts of an […]
The (im)possibility of unilateral divorce
On May 15, the Court of Appeals for the State of Pernambuco (TJ/PE) approved a rule authorizing and regulating the so-called “unilateral divorce” or “authoritative divorce”. This rule theoretically allows for the dissolution of a marriage out of court at the request of only one of the spouses to a registry office. Appearance of both […]
New criteria and deadlines for the renewal of drug registrations
On July 3, Public Consultation No. 657/2019 (CP 657) providing for the criteria, deadlines and documents required for the renewal of drug registrations and notifications was launched. Contributions will be allowed until August 16. According to the CP 657, the new regulation – once approved – will be applicable to all drugs that have been […]
Cryptocurrencies: how to ensure their transmission to heirs
Followed by the rising popularity of cryptocurrencies, Brazil has just started to rule transactions of this emerging market. It is important to highlight the recent Normative Ruling No. 1.888 published on May 7th, 2019 by the Brazilian Internal Revenue (“NR No. 1.888”), which regulates the obligation to provide details related to cryptocurrency transactions before the […]
