Regulation & Enforcement of Financial and Capital Markets
The constant evolution of our financial and capital markets is imposing new interdisciplinary regulatory challenges of high complexity. In such context, the Brazilian Securities and Exchange Commission (CVM) and the Brazilian Central Bank (BCB) have assumed increasingly coordinated actions with other government entities (i.e., Public Prosecutor’s Office, Federal Police and National Superintendence of Pension Funds – PREVIC), which are requiring enhanced practices by market players to deal with regulation.
To address these challenges, our Regulation & Enforcement practice includes professionals experienced with array of regulatory issues, dedicated to advise investment fund administrators, managers, other investment funds’ service providers, underwriters of public offerings, securitization companies, fiduciary agents, credit rating agencies, securities analysts and advisors, intermediaries, broker-dealers, financial and payment institutions, as well as publicly-held companies’ officers and directors.
Our team counts with practitioners who have spent substantial time in their careers working in the CVM and in the Brazilian Financial and Capital Markets Association (Anbima). We are fully committed to closely monitor new regulatory trends, and are constantly working alongside with our litigation and white-collar crime teams.
We have a wide-ranging experience with matters involving regulatory and self-regulatory entities, such as CVM, BCB, ANBIMA, the Brazilian Federation of Banks (FEBRABAN) and the BSM Market Supervision, not only with ordinary surveillance proceedings, guiding our clients during routine inspections by regulators, but also defending our clients’ interests through advanced phases of enforcement proceedings.
Our practice also upholds a preventive approach related to corporate governance and compliance structures. This includes compliance reviews, development of compliance policies and internal procedures, as well as the assessment regarding the need to develop informational barriers, segregation of activities and standards of conduct due to potential conflicts of interest.