Brazilian Securities and Exchange Commission CVM changes the rules on public offerings
1/2/2020 The Brazilian Securities and Exchange Commission CVM on December 3 issued a new rule (ICVM 616/19) changing certain rules on public offerings in Brazil. The changes brought by ICVM 616/19 include: Publishing notices of public offering is now optional, except for public offerings involving change of control, in which case publishing of notice is […]
Calling the public to speak on regulatory simplification
1/2/2020 The Brazilian health surveillance agency Anvisa on December 2 published a notice (notice No. 16/2019) calling the public to give suggestions on how to improve and make Anvisa’s rules simpler and less bureaucratic. The time for suggestions is 90 days and will end on February 29, 2020. Until then, taxpayers are allowed to make […]
The Superior Court of Justice places constraints on the coercive measures
1/2/2020 The 4th Panel of the Superior Court of Justice (local acronym STJ) has recently issued a preliminary injunction staying the effects of a judgment entered in a Habeas Corpus case (Case No. 52.378) that prohibited the defendants to a civil insolvency case from leaving the jurisdiction of the court. In the case in hand, […]
The São Paulo State Court of Appeals gives more time for amending pleadings in arbitration proceedings
1/2/2020 Under Brazilian laws, there is a point in time in dispute proceedings beyond which pleadings can no longer be amended and adjudicators must respect such limits when making their decisions. This is why it is so important to know exactly what that point in time is, for both judicial disputes and arbitration proceedings. When […]
Banco Central estuda medidas para facilitar o uso de caixas eletrônicos por clientes de fintechs
2/1/2020 No último dia 16 de dezembro, o Banco Central do Brasil (BACEN) abriu edital para a Consulta Pública 75/2019, que visa facilitar o uso de caixas eletrônicos, inclusive por clientes de fintechs e bancos digitais. A Consulta acompanha uma minuta que propõe alterações no regulamento anexo à Circular nº 3.682 de 04 de novembro de 2013 […]
Governo sanciona lei que extingue multa de 10% do FGTS
13/12/2019 Foi publicada na data de ontem a Lei 13.932/2019 que, entre outras várias disposições, extingue definitivamente, a partir de 1º de janeiro de 2020, a multa adicional de 10% sobre o FGTS paga pelos empregadores na hipótese de rescisão do contrato de trabalho sem justa causa. Além da eliminação da multa, a nova lei […]
