Regulatory Alerts2024-12-03 | Resolução Conjunta 13Joint Resolution No. 13 — Dispenses on Non-Resident Investment in the Financial and Securities Markets
The Central Bank of Brazil and the Securities and Exchange Commission issued Joint Resolution No. 13 of 2024 to regulate non-resident investments in the domestic financial and securities markets. The regulation establishes simplified procedures for investments made from resident real accounts, clarifies representative appointment requirements, and defines operational rules for account usage and data sharing. It mandates compliance with anti-money laundering standards and specifies reporting obligations for institutions managing non-resident funds.
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