CVM Instruction No. 353 of July 17, 2001 (Revoked)

CVM INSTRUCTION NO. 353, OF JULY 17, 2001.

Adds a paragraph to Article 2 of CVM Instruction No. 325, of January 27, 2000, which provides for the registration with the Securities and Exchange Commission (CVM) of non-resident investors in the country, as provided for in Resolution of the National Monetary Council No. 2,689, of January 26, 2000.

THE PRESIDENT OF THE SECURITIES AND EXCHANGE COMMISSION - CVM makes public that the Collegiate Body, in a meeting held on this date, based on Article 8, item I, of Law No. 6,385, of December 7, 1976, and in view of what is provided for in Resolution of the National Monetary Council No. 2,689, of January 26, 2000, HAS DECIDED to issue the following Instruction:

Article 1. Article 2 of CVM Instruction No. 325, of January 27, 2000, shall enter into force with the following §2 added:

“Article 2 ...

Ҥ 1 ...

“§2 For the purposes of letters “c”, “f.i” and “f.ii” of item I.5 of the Annex to Resolution of the National Monetary Council No. 2,689, of January 26, 2000, the CVM recognizes entities that meet at least one of the following requirements:

I - have signed a Memorandum of Cooperation and Understanding with the CVM;

II - have adhered to the IOSCO - International Organization of Securities Commissions Resolution on Mutual Cooperation and Assistance, or have signed the Declaration regarding the Resolution of Commitment to the Basic Principles of IOSCO on High Regulatory Standards and Mutual Cooperation and Assistance;

III - are subordinate to the regulatory authority in their country of origin, or have committed to exchange information with it, provided that this regulatory authority complies with one of the criteria established in the previous items, and has the power to transmit relevant information to the CVM regarding the investor applying for registration; or

IV - are members of IOSCO and commit directly to the CVM to exchange information regarding the investor applying for registration, in accordance with the declarations of item II. (NR)”

Article 2. This Instruction enters into force on the date of its publication in the Official Gazette of the Union.

Original signed by
JOSÉ LUIZ OSORIO DE ALMEIDA FILHO
President