Pedro Henrique Figueiredo Soares
Florence Terada
Gabriel Pontes Maciel
Mariana Soares Mussallam
Giovanna Da Cunha Rodrigues
Rafael Maluly Bombini
Maria Julia Ferraz Pedroso
Prediction markets in Brazil: national monetary council issues new rules for local derivatives market

On April 24, 2026, Brazil’s National Monetary Council (“CMN“) published Resolution No. 5,298 (“Resolution“) adding new rules to the organization and operation of the derivatives market in Brazil. Below is a summary of the main points contained in the Resolution. I. Principles of the derivatives market The Resolution sets forth that the organization and operation […]