Low-Carbon Hydrogen Development Program will allow tax credits offsetting
On September 30, 2024, Law No. 14,990, of September 27, 2024, entered into force, providing for the Low-Carbon Hydrogen Development Program (PHBC). The Low Carbon Hydrogen Development Program (PHBC) had been vetoed by the President when Law No. 14,948, of August 2, 2024, was enacted, as analyzed in the Informa of August 13, 2024 and in the Newsletter of the same month.
Market suggests improvements to new CVM’S FÁCIL
Transition period between regimes, hiring of external audit, and rule on participation of lead coordinator require adjustments. The rules to expand the access of small and medium-sized companies to the capital market were well received by regulatory experts, but law firms are already proposing improvements.
Digital assets and Securities and Exchange Commission (CVM) regulations: challenges and opportunities
The emergence of new technologies has sparked a true revolution in financial and capital markets, democratizing access to investment opportunities, increasing liquidity, and reducing the cost of capital.
The split vote by the Securities and Exchange Commission (CVM) on the D¥N token highlights the need for specific regulation on the subject
The recent decision by the Securities and Exchange Commission (CVM) on whether to classify a certain token as a security has caused some unease in the market, highlighting that the current regulatory framework may lack the clarity and consensus expected by the market.
The Ministry of Mines and Energy (MME) releases a step-by-step guide for companies to qualify projects and issue tax-exempt debentures
The Ministry of Mines and Energy (MME) published a step-by-step guide for renewable energy generation and distributed mini-generation companies to frame their projects for the issuance of debentures with tax incentives.
The Ministry of Mines and Energy (MME) takes the lead and unlocks infrastructure debentures for a sector with billions in demand (ATTACHED)
The electric sector has taken the lead in enabling the new infrastructure debentures, providing the final push needed for companies in distributed mini-generation to issue this type of bonds. These companies generate power in small plants of up to 3 megawatts (MW) of installed capacity, mostly from solar photovoltaics, to serve low-voltage consumers.
Infrastructure debentures roll out with no backlog for issuance as the market awaits further details
The financial and infrastructure markets are still awaiting further guidelines to structure transactions with the new debentures, despite the publication of a decree in the last week of March regulating this type of bond for sector financing. The Brazilian Association of Infrastructure and Basic Industries (ABDIB) estimates that the sector will invest more than BRL 1 trillion by 2027, considering federal, state, district, and municipal concessions and Public-Private Partnerships (PPPs).
Special Report: Infrastructure debentures roll out with no backlog for issuance as the market awaits further details
The financial and infrastructure markets are still awaiting further guidelines to structure transactions with the new debentures, despite last week’s publication of the decree regulating these bonds for sector financing.
