Brazil Rolls Out Long-Awaited Data Protection Sanctions

*News originally published in Law.com (available here for subscribers) “Brazil has outlined possible penalties for companies that violate its General Law for the Protection of Personal…


ANPD, The Brazilian Data Protection Authority, publishes Rules to Calculate and Enforce Administrative Sanctions under LGPD

The Regulation was considered the last hindrance for ANPD to effectively impose administrative penalties under LGPD On February 27, 2023, the Brazilian Data Protection Authority (“ANPD”)…


Changes in the field of insurance with the issuance of Provisional Measure No. 1,153/2022

  On 12/30/2022, Provisional Measure No. 1,153/2022 (MP) was published. Among other measures, this amends Law No. 11,442/2007 regarding cargo insurance…


Brazilian Revenue Service issues guidance on the early adoption of the new transfer pricing rules

On 02.24.2023, Normative Ruling of the Brazilian Revenue Service no.(“IN 2,132”) was published in the Official Gazette regulating the possibility of anticipating the effects of…


SUSEP publishes new rules on operating rules and criteria for operating risk coverage offered in open supplementary pension plans

On December 28 and 29, 2022 respectively, CNSP Resolution No. 458/2022 and SUSEP Circular No. 685/2022 were published. Both refer to SUSEP Public Consultations (CPs 14/2022 and 15/2022),…


Brazil new investment funds’ regulatory framework

On December 2022, the Brazilian Securities and Exchange Commission (“CVM”) issued Resolution No. 175 (“Resolution”), which modernizes the regulatory framework related to investment…


CNSP Resolution No. 451/2022 – assignment operations, acceptance of reinsurance, retrocession, coinsurance and operations in foreign currency and insurance contracts abroad

The National Council of Private Insurance (CNSP) published Resolution No. 451/2022, of December 19, 2022 (Resolution), on assignment operations, acceptance of reinsurance, retrocession and…


SUSEP gives notice for Public Consultation on Civil Liability Insurance for Cargo Carriers

On December 22nd, the Superintendence of Private Insurance (SUSEP) published Notice No. 28/2022/SUSEP, which invites all interested parties to forward comments and suggestions within 30…


SUSEP opens Public Consultation on the draft Circular that deals with the Special Regimes of Fiscal Management, Intervention and Extrajudicial and Ordinary Liquidation

On December 22nd, the Superintendency of Private Insurance (SUSEP) published Public Consultation Notice No. 29/2022/SUSEP, which invites all interested parties to forward comments and…


Subscribe to our newsletters

Sign up


Lefosse@ 2023. All Rights Reserved