INCRA opposes the transfer of control of Eldorado Brasil Celulose S.A
At the end of 2023, the National Institute of Colonization and Agrarian Reform (INCRA) notified the São Paulo Commercial Board (JUCESP) and the Securities and Exchange Commission (CVM) about the impossibility of selling the controlling interest of Eldorado Brasil Celulose S.A. (Eldorado) to C.A. Investment Brasil S.A. (CA Investment), due to the lack of prior authorization from the National Congress, as stipulated in the applicable legislation.
The Minas Gerais State Government has issued a new decree mandating the provision of collateral for the operation of dams within the state
On Saturday, December 30, 2023, the Minas Gerais State Government enacted Decree No. 48,747/2023, which establishes regulations for the mandatory provision of collaterals to the operation of dams under the Minas Gerais State Dam Safety Policy (PESB/MG – Law MG 23,291/2019).
CADE’s Tribunal: Reestablishment of Quorum and main effects
On December 27, 2023, and shortly after his nomination was published in the Brazilian Official Journal , Diogo Thomson de Andrade took office as a commissioner of the Administrative Council for Economic Defense (“CADE”) for a four-year term. As a result, the minimum quorum of four commissioners for the functioning of the Tribunal has been reestablished.
DAMS: Senate passes Bill No. 2788/2019, providing for the National Policy for People Affected by Dams (PNAB)
Bill of Law No. 2788/2019 (the Bill)—providing for the National Policy for People Affected by Dams (PNAB)—was approved by the Federal Senate.
ANPD releases Public Consultation on the role of the Data Protection Officer
The National Data Protection Authority releases a proposal for a Regulation on the role of the Data Protection Officer, defining issues such as their technical qualifications, the requirement to publish their identity, prohibition of conflicts of interest and the possibility of having multiple Data Protection Officers..
CADE’s General Superintendence (GS) allows the participation of foreign attorneys in both online hearings and personal testimonies
The decision was rendered within the context of an investigation into an alleged cartel operating in the international aviation insurance and reinsurance brokerage market.
US eases sanctions on Venezuela after electoral agreement between the Venezuelan Government and the opposition
In recent years, relations between the United States of America (USA) and Venezuela have been marked by political and economic disputes.
Report of Personal Data Security Incident in Pix Payment Arrangements
See our Technology and Data Protection Bulletin on BACEN Resolution 342/2023, which addresses the obligation for Pix Participants to report security incidents and imposes penalties in the event of a security breach.
