CVM issues deliberation extending and suspending certain deadlines set out in its regulations due to COVID-19

Due to the impacts of COVID-19 and the recognition of the state of public calamity referred to in Legislative Decree No. 6 of 2020, the Securities and Exchange Commission ("CVM") issued, on March 25, 2020, its Deliberation No. 848 ("CVM Resolution 848"), which: (a) extends certain deadlines set out in its regulations; (b) suspends the term of administrative sanctioning processes; and (c) promotes temporary changes to CVM Instruction No. 476, of January 16, 2009 ("CVM Instruction 476") and CVM Instruction No. 566, of July 31, 2015 ("CVM Instruction 566").

READ THE FULL ARTICLE