Circular Letter CVM/SIN 09/2018: Changes to Procedures for Portfolio Administration Accreditation Requests

SECURITIES COMMISSION OF BRAZIL
Rua Sete de Setembro, 111/2
Circular Letter No. 9/2018-CVM

To: Applicants for accreditation
Subject: Changes to procedures for submission of authorization requests

Dear Sirs,

1. We refer to the request for authorization to exercise the activity of securities portfolio administration in accordance with CVM Instruction No. 558/15.

2. We inform you that, starting on September 3, 2018, the submission of such requests will be carried out through the Market Supervision System (SSM) of the Brazilian Association of Financial and Capital Market Entities - ANBIMA, accessible at https://ssm.anbima.com.br.

3. In this sense, we inform you that the change in procedure stems from the technical cooperation agreement between CVM and ANBIMA, which provides for the provision of subsidies for the analysis of this Autarchy in requests for accreditation for the activity of securities portfolio administration, as provided for in Article 7º-A of CVM Instruction No. 558/15.

4. Furthermore, in order to assist applicants for registration, we indicate accessing the SSM user manuals available at the following addresses:

Legal Entity:
http://www.anbima.com.br/data/files/4A/02/DD/F0/07765610CE509456A9A80AC2/Manual%20de%20utilizacao%20SSM%20-%20Pessoa%20Juridica.pdf

Natural Person:
http://www.anbima.com.br/data/files/9C/02/CF/F0/07765610CE509456A9A80AC2/Manual%20de%20utilizacao%20SSM%20-%20Pessoa%20Natural.pdf

5. For additional clarifications, please contact the Institutional Investors Relations Management - GAIN, via the email address gain@cvm.gov.br.

Sincerely,

DANIEL WALTER MAEDA BERNARDO
Superintendent of Institutional Investors Relations

SECURITIES COMMISSION OF BRAZIL
111/2 - 5th and 23-34th Floors – Center – Rio de Janeiro - RJ – ZIP Code: 20050-901 – Brazil Tel.: (21) 3554-8686 - www.cvm.gov.br CVM/SIN

Rio de Janeiro, August 28, 2018.