In July 1, 2022, the Brazilian Securities and Exchange Commission ("CVM") Resolution No. 88/2022 ("RCVM 88"), entered into force, revoking CVM Instruction No. 588/17 ("ICVM 588") and regulating the public offering of securities issued by small companies, carried out with exemption from registration, through electronic platforms for equity investment. Equity

On June 13, 2022, the Provisional Measure no. 1,124/2022 – (“MP 1,124/2022”), which transformed the Brazilian National Data Protection Authority (“ANPD”) into a special autarchy, with financial and administrative autonomy, changing the provision of Article 55-A of the Brazilian General Data Protection Law (“LGPD”) was edited. This transformation will grant

In the past week, McDonald’s has informed that it was the newest subject to a data security incident involving clients’ personal data. The fast-food company sent an email to its clients informing that several client’s personal data as Taxpayer number (CPF), name, marital status, email, personal address and telephone number

The administrative penalties provided by the Brazilian General Data Protection Law -LGPD, regarding the sanctions to data agents that fail to comply with the LGPD, have entered into effect on August 1st, 2021.   Although the LGPD is in effect since September 2020, articles 52, 53 and 54, providing specifically

The deadline for the submission of the Five-Year Census Statement on Foreign Capitals in Brazil ("Statement") to the Brazilian Central Bank (BCB), pertaining to the reference date of December 31, 2020, begun in July 1st, 2021. The submission of the Statement is mandatory for those that, on the reference date

The Administrative Council of Economic Defense (“CADE”) held on October 16 and 30, 2019 its 147th and 148th trials. Those were the first trials conducted by the newly inducted Commissioners Sergio Ravagnani, Lenisa Prado and Luiz Hofmann. ​We highlight two cases decided on the period. ​ 1. The charging of a

The Brazilian President has decided to issue a Provisional Measure No. 863/2018 (“MP”) to modify some important provisions of the Brazilian Aeronautical Code (“CBA”). The MP was published in the Brazilian Official Gazette on December 13, 2018, with immediate effects. It implements substantial changes to the national aviation market, as

Brazil has enacted a law about sports betting, which was published on December 13, 2018. Sport bets were already present in Brazilians routine, gaining prominence in the FIFA World Cup and football championships. However, this presence was considered marginal in the national territory, since it was not regulated and collided