IOF changes for FX transactions: understand the new rules
Two new decrees – No. 12,466, dated May 22, 2025, and No. 12,467, dated May 23, 2025 – have amended the IOF rules for credit, insurance, and foreign exchange (FX) transactions. The changes have been in effect since May 23, 2025, except for those relating to advance payment and other financing transactions granted to suppliers, […]
Learn about the proposal to create International Banking Units
On May 16, 2025, the Bill of Law No. 2,338/2025 (“Bill”) was submitted to the House of Representatives, seeking to amend the foreign exchange law and create the so-called “International Banking Units” (“IBUs”). In short, the Bill aims to lay down the statutory basis for Brazilian banking institutions to create IBUs as an international business […]
Tax Reform Special Coverage
Our Tax Law team has been at the forefront of discussions on this important topic. Explore a curated selection of newsletters, articles, and a special white paper.
Key Trends in Antitrust Enforcement – Brazil (2nd semester – 2024)
Our Antitrust Team presents the most relevant numbers, decisions, advocacy efforts and enforcement trends from CADE in the second semester of 2024.
Brazilian Senate approves the AI Legal Framework
The approved text introduces substantial modifications to the initial draft of the Bill and remains subject to further amendments as deliberations progress in the House of Representatives.
New rules for foreign portfolio investment
On December 3, 2024, the Central Bank of Brazil (“BCB”) and the Brazilian Securities and Exchange Commission (“CVM”) released Joint Resolution No. 13 (“Joint Resolution 13”). This resolution enhances the regulations for foreign portfolio investments in the Brazilian financial and capital markets (“Portfolio Investment”).
ANPD opens consultation on the regulatory project of artificial intelligence and data protection
The National Data Protection Authority (“ANPD”) has initiated a public consultation to gather inputs from society regarding its regulatory project on Artificial Intelligence (“AI”) and data protection, considering the provisions of the Brazilian General Data Protection Law (“LGPD”).
LinkedIn will provide opt-out right related to Generative AI systems training
Recently, LinkedIn announced a significant change regarding the use of personal data of the users of the app. The update in question concerns the interaction between the use of personal data and Artificial Intelligence (“AI”) systems.