Regulatory Alerts2026-03-05
CVM Resolution No. 241 of March 5, 2026
The Brazilian Securities and Exchange Commission (CVM) issued Resolution No. 241 to amend Resolution No. 24 of 2021 regarding the assignment of case reporting duties. The amendment establishes specific procedures for substitute directors to participate in the lottery for administrative process reporting when three or more vacancies exceed thirty days. It further mandates the redistribution of cases upon the restoration of the full Collegiate Board membership and clarifies that changes in precedence order do not require re-sorting already assigned provisional reports.
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