New rules for private enforcement of antitrust infractions.
New provisions have been included in the Brazilian Federal Law No. 12,529/2011, related to antitrust infractions, such as cartels and unilateral conducts that may harm competition. The amendments were made through the Federal Law No. 14,470/2022 and refer to the time-bar and private enforcement of antitrust infractions. Despite the fact that the previous wording already grants the […]
Brazilian Central Bank alters the schedule for requesting authorization for Digital Currency Issuers
On November 16, 2022, the Brazilian Central Bank (“BCB”) issued Resolution No. 257 (“BCB Resolution 257”), which amended Resolution No. 80/2021 (“BCB Resolution 80”), to extend the timeline for the request for authorization for payment institutions to begin providing payment services as electronic currency issuers that were incorporated and in operation by March 1, 2021. […]
