At a legal industry event on 9 April 2025, Marcelo Pontes Vianna, the head of the secretariat for private integrity of Brazil's Office of the Comptroller General (CGU), the national antibribery agency, highlighted Brazil's...more
On October 3, the Brazilian National Data Protection Authority (“ANPD”) announced the commencement of a public consultation process regarding its pilot regulatory sandbox program ("Consultation"). All interested parties can...more
The Brazilian Senate is discussing Bill No. 4530/2023 ("PL 4530/23") which would amend laws impacting data protection compliance in Brazil. PL 4530/23 would amend Law No. 13.709/2014, otherwise known as the Brazilian Data...more
Provisional Measure No. 1182/2023 (MP 1182) was published on Tuesday, July 25, to regulate sports betting. The provisional measure (medida provisoria, or “MP”) amends Federal Law No. 13,756 of 2018 and removes the Brazilian...more
On July 6, 2023, the Brazilian National Data Protection Authority (ANPD) published an order imposing the first fine for breaches of the Brazilian General Data Protection Law (LGPD). The fine, totaling BRL 14,400 (around USD...more
On May 23, 2023, the Brazilian Central Bank (Banco Central do Brasil – “BACEN”), together with the National Monetary Council (Conselho Monetário Nacional – “CMN”), enacted Resolution No. 6 (the “Resolution”), which outlines...more
The National Data Protection Authority (ANPD) has recently published Resolution CD/ANPD No 4/2023, which approves the Regulation for Dosimetry and Administrative Sanctions (RDASA) in cases of violation of Law No 13,709/2018....more
In July 2022, the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários – “CVM”) enacted Resolutions Nos. 160, 161, 162, 163 and 173, which reformulated the regulatory framework for public offerings in...more
On 12 July 2022, Brazilian Federal Government enacted Decree No. 11,129/2022, a new regulation on Law No. 12,846/2013 (the "Brazilian Clean Company Act"), which will revoke Decree No. 8,420/2015, previously in force. The new...more
The Central Bank of Brazil published a Report on Social, Environmental and Climate Risks and Opportunities in order to promote transparency, the availability of credit and sustainable finance in the Brazilian financial...more
Open banking in Brazil, the system created by the Brazilian Central Bank for the sharing of data, information and financial services, is moving forward to its fourth stage. Open banking is a system created by the Brazilian...more
In December 2020, the Brazilian Central Bank (BCB) approved the rules for the commencement of the first cycle of the BCB regulatory sandbox. The BCB regulatory sandbox is an initiative that allows institutions to test...more
After the creation of a Brazilian instantaneous payment method earlier this year (“PIX”), on November 16, 2020, the Central Bank of Brazil (“BCB”) officially launched its new digital transfer and payment platform. The purpose...more
On October 15, 2020, President Jair Bolsonaro appointed the five members for the new Brazilian Data Protection Authority (ANPD). Three of the five appointees have military backgrounds (following Bolsonaro's previous...more
The COVID-19 Report is a compilation of coronavirus news, analysis, and insights from around the world to help life sciences and health care companies stay current in this challenging time....more
9/1/2020
/ Brazil ,
Coronavirus/COVID-19 ,
Data Protection ,
Emergency Use Authorization (EUA) ,
Financial Stimulus ,
Infectious Diseases ,
Legislative Agendas ,
Regulatory Agenda ,
Relief Measures ,
Trump Administration ,
Vaccinations
After a long period of uncertainty about the effective date of Brazil’s General Data Protection law (LGPD), Brazil’s Congress on Wednesday dramatically approved a last-minute amendment to legislation that accelerated the...more
As previously reported, Brazilian lawmakers have been debating a delay to the LGPD, which was scheduled to come into effect August 15, 2020, in response to COVID-19. The Brazilian Senate first passed Bill 1,179/2020, and...more
On April 29, The Brazilian Federal Government issued an executive order, Provisional Measure (PM No. 959; Portuguese only), which would postpone the implementation of LGPD until May 3, 2021 if approved by Brazil’s legislature...more
In light of the pandemic crisis caused by the COVID-19, Brazilian Officials have sought to enact emergency measures to minimize its impact on regular business practices. One of the latest efforts is Bill 1,179/2020....more
On December 20, 2019, the Brazilian Congress amended the Brazilian General Data Protection Law (Law No. 13,853/2019, the “LGDP”) to include new provisions related to the so-called administrative sanctions.
...more
In a May 17, 2019 press report that has been widely distributed in Brazil and the United States, Brazilian Federal Prosecutor Marisa Ferrari confirmed that the U.S. Federal Bureau of Investigation (FBI), the U.S. Department...more
5/21/2019
/ Brazil ,
Bribery ,
Corruption ,
Department of Justice (DOJ) ,
Enforcement Actions ,
FBI ,
Foreign Corrupt Practices Act (FCPA) ,
Government Investigations ,
Kickbacks ,
Medical Devices ,
Multinationals ,
Pharmaceutical Industry ,
Popular ,
Price-Fixing ,
Securities and Exchange Commission (SEC) ,
White Collar Crimes
On the heels of one of the worst recessions in Brazil in years, stemming from a number of political crises involving widespread corruption and related investigations (most notably, the highly publicized Lava Jato...more
On 14 August 2018 Brazil approved its new General Data Privacy Law (Lei Geral de Proteção de Dados Pessoais or “LGPD”) – a comprehensive law that closely mirrors the European Union’s General Data Privacy Regulation (“GDPR”). ...more
1/14/2019
/ Brazil ,
Cyber Attacks ,
Cybersecurity ,
Data Breach ,
Data Privacy ,
Data Protection ,
Data Protection Authority ,
Data Protection Officers (DPOs) ,
General Data Protection Regulation (GDPR) ,
Personally Identifiable Information ,
Regulatory Oversight ,
Regulatory Standards
The Brazilian General Data Protection Law (“Lei Geral de Proteção de Dados” or “LGPD”), passed by Congress on 14 August 2018, will come into effect on 15 February 2020. ...more
The Administrative Council for Economic Defense (CADE) and the Ministry of Transparency, Supervision and Comptroller-General (CGU) have entered into a cooperation agreement to fight transnational corruption and cartels....more
11/13/2018
/ Anti-Competitive ,
Antitrust Violations ,
Brazil ,
Cartels ,
Competition Authorities ,
Cooperation Agreement ,
Corruption ,
Enforcement Actions ,
Foreign Corporations ,
Regulatory Oversight ,
Regulatory Standards