Benefits in the tax reform are already pushing the rate above 29%
The tax reform regulation bill approved in the Senate preserves the pillars of the new system, but the price for its approval was high. According to World Bank calculations requested for this article, the standard rate is expected to be at least 29.23%.
Transforming employment relationships
In recent years, technology has brought profound changes to various economic sectors, and labor law is no exception. Among the most promising innovations is smart contract technology, which uses blockchain to automate and enforce agreements.
Central Bank of Brazil (BCB) and Securities and Exchange Commission (CVM): new rules for Foreign Portfolio Investment
The Central Bank of Brazil (BCB) and the Securities and Exchange Commission (CVM) published Joint Regulation No. 13, dated December 3, 2024 (Joint Regulation 13) that consolidates, replaces, and improves the regulation of foreign investment in the financial and capital markets (Portfolio Investment). This was an important step enabled by Law No. 14,286, dated December 29, 2021, which provides for the Brazilian exchange market, Brazilian capital abroad, foreign capital in the country, and the disclosure of information to BCB.
The vote on AI regulation is expected to be postponed until next year
The vote on bill 2,338/2023, regulating the use of artificial intelligence, in the House of Representatives, should only happen next year. Lawmakers consulted by Valor anticipate a “long road ahead.”
National Mining Agency (ANM) Regulation No. 189/2024 sets new requirements for reuse of tailings and waste rock
On November 27, 2024, Regulation No. 189/2024 was published in the Federal Official Gazette, in which the National Mining Agency (ANM) amended Regulation No. 85/2021, establishing procedures for the reuse of tailings and waste rock. The new regulation introduces additional requirements for utilizing tailings and waste rock stored outside the area covered by the regulation.
Supreme Court secures majority backing for intermittent work
The Federal Supreme Court (STF) resumed on Friday (6th) the examination of the intermittent work model. There is already a majority for the constitutionality of this type of contract, included in the Consolidation of Labor Laws (CLT) by the labor reform (Law No. 13,467/2017).
The market pushes back against the creation of the New Market Alerts
In the contributions submitted by Cescon Barrieu to B3, there are also arguments against the stock exchange’s proposal. “In our view, New Market Alerts do not enhance governance and may cause significant reputational harm to companies,” says Fernanda Montorfano, Corporate Law and M&A partner at Cescon, emphasizing that the alerts may stem from actions that are not necessarily irregularities or material failures.
São Paulo Municipal Decree facilitates approval of projects
On November 18, 2024, Municipal Decree No. 63,884/24 was published. Its purpose is to expedite the analysis and approval of new building projects in the city of São Paulo. The Decree established guidelines for the implementation of active facades on flat or sloped land or in galleries, highlighting their interaction with the building’s landscaping.
