AIJA’s Seminar – Financing the Future: Legal Insights into International Business in the Age of Fintech and Instant Transactions
Between March 13 and 15, partner Gustavo Flausino Coelho and associate Fernando Naegele will attend the event “AIJA’s Seminar – Financing the Future: Legal Insights into International Business in the Age of Fintech and Instant Transactions”, organized by AIJA – International Association of Young Lawyers in São Paulo, Brazil. Gustavo is the president of AIJA’s International Business […]
ANPD rejects request for issuing an adequacy decision with the World Bank
A decision issued by the Brazilian National Data Protection Authority (“ANPD” or “Brazilian DPA”) rejecting the request for an adequacy decision with the World Bank was published yesterday in the Brazilian Official Gazette. The request had been made by the Brazilian Ministry of Development and Social Assistance, Family, and the Fight Against Hunger. In the […]
Secretariat of Prizes and Betting launches Public Consultation for the 2025-2026 Regulatory Agenda
The Secretariat of Prizes and Betting of the Ministry of Finance (“SPA/MF”) has launched Public Consultation SPA/MF n. 01/2025 on the development of the SPA/MF Regulatory Agenda for the 2025/2026 biennium. The proposed Regulatory Agenda includes 14 items, with planned consultations for each one, split into the quarters of the 2025/2026 biennium. Some notable items […]
ANPD maintains the suspension of the offer of financial incentives for iris collection
Recently, the Brazilian National Data Protection Authority (“ANPD” or “Brazilian DPA”) upheld the preventive measure applied against the company Tools for Humanity – TFH, suspending the offer of financial incentives for iris collection. After the initial suspension, which we analyzed in this newsletter, TFH filed an administrative appeal, which was rejected by the ANPD’s Board […]
Ministry of Finance grants the license for additional 66 betting sites
The Secretariat of Prizes and Betting of the Ministry of Finance (“SPA/MF”) has published today in the Brazilian Official Gazette the granting of 21 new definitive licenses for online betting sites to provide their services in Brazil. With this, there are now 35 companies with definitive licenses in the country. Of the 21 companies that […]
ANPD enforces measures on pharmaceutical company
Recently, the Brazilian National Data Protection Authority (“ANPD” or “Brazilian DPA”) applied preemptive measures and initiated an administrative sanctioning process against the company RaiaDrogasil. The ANPD also applied preemptive measures against Febrafar, a Brazilian association of pharmacies. The scope analyzed included the collection and processing of personal data by the pharmaceutical company, including sensitive data, […]
Ministry of Finance establishes rules for calculating the GGR of online betting sites
Recently, the Secretariat of Prizes and Betting of the Ministry of Finance (“SPA/MF”) published Technical Note SPA/MF n. 299/2025, addressing the accounting of rewards offered to bettors by online betting sites for the purpose of inclusion in the calculation basis of the Gross Gaming Revenue (“GGR”). The Technical Note clarified that although betting sites cannot […]
Associate joins PhD program at FGV/RJ
We are happy to announce that our associate Fernando Naegele is now a PhD candidate in Regulatory Law at Getulio Vargas Foundation (FGV/RJ). We at Bastilho Coelho Advogados extend our best wishes of success and congratulate Fernando Naegele and his family.Bastilho Coelho Advogados
ANPD suspends the offer of financial incentives for iris collection by the company Tools for Humanity
Recently, the Brazilian National Data Protection Authority (“ANPD” or “Brazilian DPA”) imposed a preventive measure against Tools for Humanity – TFH, suspending the offer of financial incentives for iris collection. TFH had been collecting iris biometric data from data subjects interested in obtaining a unique global identifier, offering cryptocurrency payments in return—an initiative widely reported […]
The new rules of the Brazilian Insurance Act and its impacts on the market
Insurances in Brazil will now be regulated by the Brazilian Insurance Act, which is how the Federal Law No. 15,040/2024 is being called after replacing (although only as of 10 December 2025) the previous regulation on the matter, so far provided in the Brazilian Civil Code and in the Federal Decree-Law No. 73/1966. The Brazilian […]